OFFERED AT:
- Asking Price: $3,675,000
- Maintenance Or Common Charge: $4,571
- Financing Allowed: 50% permitted
- Flip Tax: 1.25%
- Large Scale Rooms
- 47 feet overlooking Park Avenue
- Eat-in kitchen
FEATURES:
- Room Count: 8
- Bedrooms: 3
- Bathrooms: 3
- Condition: Move-in, Good
- 16' x 25' Living Rm facing Park
- Views: Park Avenue
- Exposures: West and East
- 25' Entrance Gallery
- Woodburning fireplace
- 21-foot Master Suite and 2nd BR
- Separate Laundry Room
- Lots of Closets and Storage Bin
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New On The Market—This elegant, classic 8-room home at 1111 Park Avenue has 3 major rooms facing Park Avenue. The coveted A-line apartment has 3 bedrooms, 3 bathrooms with nearly 10-foot ceilings and a vast amount of storage and closets. It is in move-in condition.
A semi–private elevator foyer opens onto a palatial reception gallery that accesses the entertaining rooms and private quarters. The 16’ x 25’ living room has a wood-burning fireplace and faces Park Avenue. A grand 21’ dining room is an impressive space for meals and special gatherings. The large windowed eat-in kitchen with top of the line appliances has granite countertops with custom cabinetry and a separate windowed dining area. There is abundant storage including a separate pantry and laundry area with a granite countertop and vented side-by-side washer and dryer. Off the kitchen is the windowed staff room with windowed en-suite bath.
The master bedroom and second bedroom are both 21-feet long and face west onto Park Avenue. The master bedroom suite has a windowed bathroom and 3 enormous closets, two of which are walk-in. The second and third bedrooms both have substantial walk-in closets as well. Off the hallway are a linen closet, an expansive storage closet and a sizable full bathroom with glamorous vanity area.
Closed on 1/23/2020 for $3.9 million.
Building Notes: 1111 Park Avenue was completed in 1925 by the preeminent architectural firm of Schwartz and Gross. It has a full-time doorman, fitness center, bike room, central laundry room and additional storage. Pets are allowed. A storage bin transfers with the apartment. The building allows 50% financing and there are no assessments. Although the flip tax is generally 2% to be paid by the purchaser, due to the length of ownership, the flip tax for 4A is 1¼%. This ideal location 2 blocks from Central Park is in close proximity to all the special conveniences and amenities of living on the Upper East Side and is also easily accessible to public transportation including the 4,5,6, Q train and crosstown Bus.
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All information regarding a property for sale, rental or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.
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EXCLUSIVE AGENT
Emily Chen
ecc@olshan.com
Direct: 917-853-9235
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