Total Est. Monthly Carrying Cost:
$18,842 ($14.51/ft2)
Note: the above is based on a down payment of 20% ($456,000),
which is the minimum amount permitted by the building.
Description
The first two images are renderings of what the space could look like after renovation.
This one of a kind full-service gilded age mansion offers the rare opportunity to enjoy old world elegance with the flexibility of a condominium, just off Fifth Avenue in one of the world’s most coveted locations.
Located on a quiet tree-lined street, just seconds from Central Park, this sun-flooded two-bedroom, two-bathroom home is available for the first time in 45 years. With a European sensibility and ideal split layout, it is a perfect pied-a-terre.
Boasting ceilings that soar up to over 11 feet, fine casement windows, two fireplaces and beautiful prewar details throughout, this home is a true gem, perched atop one of the very few prewar mansions in New York City that have been converted to a condominium.
Upon entering this remarkable building, the original Horace Trumbauer designed Reception Hall greets you with magnificence and grandeur and leads up to this one-of-a-kind residence. Step into a spacious entrance foyer that opens up to a cheerful windowed kitchen as well as a grandly scaled living/dining room with corner exposure that is anchored by a wood-burning fireplace. The split bedroom layout offers perfect separation of the two private spaces, each with splendid open city views and their own en-suite bathrooms.
The second bedroom, currently configured as a library, features a second wood-burning fireplace. The home is accentuated by beautiful hardwood floors, a washer/dryer, ample closet space and additional private storage in the basement.
This stunning 42-foot wide limestone mansion was built at the turn of the century by the renowned architect Horace Trumbauer in the neo-French Classic style for John Drexel, a grandson of the founder of Philadelphia banking house Drexel & Co.
Converted into apartments in the 1930s, it has housed such notable artists as Ernest Hemingway. Now the Spencer Condominiums at 1 East 62nd Street, this distinguished building offers a full-time doorman and is mere moments to Central Park as well as the finest shops and cafes of Madison Avenue. The building allows 80% financing, pets, pied-a-terres, subletting and co-purchasing.
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