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Art Irwin

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Office:(212) 381-3263
Mobile:(917) 599-7193

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Halstead Property agent.

175 East 62nd Street PH20/21A

,
Upper Eastside,  NYC

Cooperative

$895,000

DUPLEX PENTHOUSE WITH VIEWS & SUN!

EXTRAORDINARY VALUE -- ESTATE MUST SETTLE & SAYS SELL & WILL PAY 6 MONTH'S MAINTENANCE!! This is an phenomenal (and rarely available) opportunity for a qualified buyer to purchase a superlative top-floor duplex penthouse apartment (floors 20 & 21) 'far' below market value.

The apartment features six lovely proportioned rooms (2-3 bedrooms), and upper and lower East facing terraces.The apartment is in original 'estate' condition requiring renovation.

On the first level, a gracious entry vestibule with windowed powder room/half bath, an 'East to West' living room (with terrace) & formal dining room stretching end-to-end (35 Ft. in length!).

The two over-sized public rooms (ideal for entertaining!) are connected by two sets of beautifully mitered mahogany doors and detailed with large mahogany crown moldings. A west facing kitchen and a convertible bedroom (study or staff room) with views west across Central Park complete the first level.

A dramatic winding staircase with east facing window leads gracefully to the upper level comprising a master bedroom (with terrace), second bedroom, full bath and abundant closet space. There is access to the upper level of the duplex directly from the 21st floor.

The apartment is open and airy, utterly tranquil, swept by brilliant Eastern & Western light with unobstructed panoramic skyline views in ALL directions.

The apartment offers an extremely versatile floor plan; the large amount of space provides a variety of possibilities for re-configuration. One attractive, practical option would be the conversion of the entire 2nd level to a master suite, including master, dressing room, study, terrace, etc.

The 'Victorian' is a distinguished 'white glove' full service coop on a leafy side street in a wonderful east side neighborhood -- with proximity to shops, boutiques and restaurants, and all modes of transportation. There is a private garage in the building. Maintenance fee includes basic cable and electricity; 75% financing allowed; pets & pied-a-terre's allowed.

Note: 1.) furnishings shown in photos are from previously occupied apartment; apartment is presently vacant; 2.) 175 East 62nd Street is a land-lease building, similar to apartments ('leaseholds') in the most affluent areas of Central London.

The present land lease was negotiated in 2010 for 99 years with very favorable terms for the co-op. For buyers willing to pay marginally more monthly maintenance due to building's (very stable!) leasehold status will receive a substantial purchase price benefit!

The leasehold is owned (and has been) for over 100 years by the Scottish noble house of 'Roxburghe.

Property Floorplan

Similar Sales in The Victorian

08/22/2018 4 rm / 2 bd / 2.5 bth $1,050,000

Recent Sales in Area*

05/22/2019 116 EAST 66TH STREET $970,000

04/26/2019 575 PARK AVENUE $875,000

03/28/2019 650 PARK AVENUE $875,000

08/22/2018 205 EAST 63RD STREET $995,000

05/11/2018 130 EAST 63RD STREET $915,000

04/19/2018 575 PARK AVENUE $850,000

04/10/2018 301 EAST 63RD STREET $850,000

02/07/2018 205 EAST 63RD STREET $950,000

01/18/2018 150 EAST 69TH STREET $887,500

12/27/2017 150 EAST 69TH STREET $865,513

* Recent sales in area is compiled by properties having the same bedroom count or same bathroom count, property type, location, and a similar price range. Sales history may include properties with varied amenities and conditions (views, layout, market timing and other significant variables). Contact agent for more details regarding this information.

  Contact Art

Property Details

Web #:19642510
Price: $895,000
Maintenance: $6,716.00
Financing: 75%
Tax Deduction: 28%
Mortgage Calculator Property Type: Cooperative
Type: Duplex

Residence Information

Penthouse: Yes
Rooms: 6.0
Bedrooms: 3
Bathrooms: 2.5
Pied-à-terre: Allowed
Period: Post-War
Built: 1963
Building Type: Hirise

Features

Thru Wall Air Cond. City Views Park Views Sep. Kitchen Formal Dining Rm Washer/Dryer

Building Information

Doorman Attended Lobby Laundry Storage Garage Pets Allowed

Nearby Subways

Nearby Citi Bike℠ Stations

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Nearby Restaurants

Land of Plenty (0.21 mi)
Jean-Georges (0.91 mi)
Pampano (0.65 mi)
Marea (0.80 mi)

Nearby Bars and Nightlife

Nearby Shopping

Derek Lam (0.27 mi)
Lululemon (0.16 mi)
Camper (0.30 mi)