Dekoven House

1025 Park Avenue, 5BC

Upper East Side   |   East 85th Street & East 86th Street

Income Property [Voice Intercom]
$ 5,000,000
Rooms 7
Bedrooms 4
Bathrooms 4
Status Active
Maintenance [Monthly] $ 8,877
Financing Allowed 50%
Listing ID: 1833452

Property Description

Grand Duplex Penthouse with massive outdoor roof terrace facing Park Avenue. Bring your architect to this unsurpassed opportunity to renovate the Penthouse at 1025 Park Avenue into one of New York's premier homes. Totally comprised of 3,000+ square feet of interior and 15000+ square feet of exterior, this property offers astounding potential; with over 40 feet of width along Park Avenue, magnificent western exposure and its accompanying light, multiple outdoor spaces and high ceilings, all within a boutique limestone building of architectural significance. Featuring existing prewar detail and charm, the canvas is able to entice anyone with vision who cannot find the unique qualities of a home within the more generic offerings that the market traditionally presents; and for a price that represents comparable value in the immediate neighborhood. It is a luxury home waiting for your customized touch.Supremely located by New York's finest green space; Central Park, 1025 Park Avenue is perfectly positioned by the culturally iconic Metropolitan Museum of Art, as well as luxury shopping, Michelin caliber restaurants and gourmet markets like Whole Foods.Most remarkably, this boutique co-operative offers condo-like purchasing criteria; a welcome respite from the restrictions generally associated with many Upper East Side buildings. No board approval is required and work rules are flexible. Pied a terre's and pets are also allowed.
Grand Duplex Penthouse with massive outdoor roof terrace facing Park Avenue. Bring your architect to this unsurpassed opportunity to renovate the Penthouse at 1025 Park Avenue into one of New York's premier homes. Totally comprised of 3,000+ square feet of interior and 15000+ square feet of exterior, this property offers astounding potential; with over 40 feet of width along Park Avenue, magnificent western exposure and its accompanying light, multiple outdoor spaces and high ceilings, all within a boutique limestone building of architectural significance. Featuring existing prewar detail and charm, the canvas is able to entice anyone with vision who cannot find the unique qualities of a home within the more generic offerings that the market traditionally presents; and for a price that represents comparable value in the immediate neighborhood. It is a luxury home waiting for your customized touch.Supremely located by New York's finest green space; Central Park, 1025 Park Avenue is perfectly positioned by the culturally iconic Metropolitan Museum of Art, as well as luxury shopping, Michelin caliber restaurants and gourmet markets like Whole Foods.Most remarkably, this boutique co-operative offers condo-like purchasing criteria; a welcome respite from the restrictions generally associated with many Upper East Side buildings. No board approval is required and work rules are flexible. Pied a terre's and pets are also allowed.

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C
Washer / Dryer

Outdoor

Terrace
1025 Park Avenue Upper East Side New York NY 10028

Building Details [1025 Park Avenue]

Ownership Income Property
Service Level Voice Intercom
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1514/3
Building Size 59'x67'
Zoning R10
Building Type Townhouse
Age Pre-War
Year Built 1912
Floors/Apts 5/10
Lot Size 60'x107'9"

Building Amenities

Garden
Laundry Rooms
Roof Deck
Second Entry

Building Statistics

$ 1,667 APPSF

Active Sale Listings

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.