Description

5A is a baronial prewar 8-room home that offers large-scaled rooms with 3 major rooms spanning 46 feet over Park Avenue. This coveted A-line unit includes 3 bedrooms, 3 bathrooms 2 staff rooms, a vast amount of storage and closet space plus nearly 10-foot high ceilings. A semi-private elevator foyer opens onto a palatial reception gallery that gives access to 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 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 bedroom hallway are a silver vault/linen closet, an expansive storage closet and a sizable full bathroom. There is a large windowed eat-in kitchen with a laundry, abundant storage space and 2 staff rooms.

1111 Park Avenue was completed in 1925 by the pre-eminent architectural firm of Schwartz and Gross. It has a full-time doorman, a resident manager, a fitness center, bike room and a central laundry room. Pets are allowed. Storage is available. 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 5A is % on the gross sales price. 1111 Park is the ideal location---2 blocks from Central Park and the Jacqueline Kennedy Onassis Reservoir and in close proximity to all the special conveniences and amenities of living on the Upper East Side including museums, cultural institutions with easy access to public transportation.
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Building Features 14 Floors80 Units

elevator
full time doorman
gym
pet friendly
laundry

Unit Features

allowed
washerdryer
Exposures: North, East, West
Pet Policy: Building Yes, Yes

$3,450,000

Sold: Jul 18, 2022

7.98% above ask / 21 Days to Sell

3 Beds / 3 Baths - / - ft²

Total Monthly Expenses: $5,232

Exclusively listed with: Olshan Realty Inc

Emily
Chen

ecc@olshan.com

(917) 853-9235

Donna
Olshan

dso@olshan.com

917-287-0458

Listing Courtesy of Olshan Realty Inc View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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