$775,000
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1270 5th Ave Unit 11M New York, NY 10029
Apartment
Residence
2
Beds
1
Baths
Sq. Ft.
Property Activity
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That is correct, for just $775,000, you can purchase an 11th floor updated two bedroom apartment on 5th Avenue with a partial park view, East and South exposures and outstanding natural light in a full service building with the low maintenance of just $1,544 a month. When the current owners pur...chased unit 11M, it was an estate sale. They envisioned a home that would both accommodate the needs of a growing family while simultaneously serving as a comfortable and stylish place to host family, friends and clients. With help from friend and notable architect Christian Wassmann, this is exactly what was accomplished. Just past the entry foyer, boasting two large built-in closets, is the common room. This area is comprised of a dining and living area that seamlessly flow into each other with a downtown loft-like sensibility. The far end of this room has a wall of windows that capture blue sky and amazing light all day long--not to mention a gracious side view of Central Park. To take full advantage of the park exposure, two mirrors have been strategically placed to flank the window to bring park greenery as well as sunrises and sunsets directly into this home. The windowed kitchen is outfitted with high-end Miele and Bloomberg appliances. The counters are honed Carrara accented with a stainless steel backsplash. With the physical size limitations of the kitchen, the owners carefully considered the placement of the storage, appliances and sink to create maximum flow for those who enjoy cooking. The bright South facing primary bedroom has two generous closets and can easily accommodate a king bed. This room also has stylish built-in book shelves and a desk that faces the window. The smaller second bedroom has East and South facing windows, a built-in closet and could also serve as an ideal home office. When renovating, the owners updated the electric and put in light grey engineered wood flooring throughout. Every room has low built-in bookshelves that mirror the light grey floors. The bathroom is admittedly original, but in good shape. This home feels hip, cheerful and is ready for it's next chapter. With Central Park's prized conservatory garden within steps of the front door, not to mention the ongoing transformation of the Lasker Rink and Pool site on the Harlem Meer-one of the most significant projects ever undertaken by the Central Park Conservancy, residents of 1270 Fifth avenue can truly claim one of the most magnificent parts of the park as their own front yard. This pet friendly COOP is fully staffed including a 24 hour attended lobby, live in super and live-in porters. There is large laundry room, a storage space THAT TRANSFERS WITH THE APARTMENT!!!, a bike room and an attached garage. There are new elevators and a recently renovated lobby. Pied-a-terre, and gifting is allowed. Sublets are permitted with board approval after two years of ownership. Flip tax is $25 a share paid by seller and 80% financing is allowed. Purchaser income to debt should not exceed 33%. This offering is a wonderful opportunity for anybody looking for a great 2 bedroom home--amazing price is just an added bonus.
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MLS#
RPLU-5123261834
Property Type
Apartment
Bedrooms
2
Bathrooms
1 Full
Year Built
1959
HOA Fee
$1,544
Monthly
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