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580 580 Park Avenue #5B
Coop in Lenox Hill •  building info
2bd • 2.5ba
Sold price

$3,775,000

Description
Grand scale, seven room apartment with lovely East views to Park Avenue and churches from most primary rooms, this classic cooperative apartment offers exceptionally gracious entrance gallery, beautifully proportioned living room w/ wood burning fireplace, large dining room w/ leafy garden view, two primary bedrooms (one currently used as library) with baths, updated kitchen, and wonderful, open multi-use room currently used as office/pantry, leading to maid's room with half bath. High ceilings (9'3"), herringbone floors in the public rooms, over-sized 'eight over eight' paned windows allowing for excellent light, and a WD complete this home. Apartment 5B shares an elevator landing with just one other apartment, and a large basement storage bin conveys with the sale. Conceived originally as a cooperative, 580 Park Avenue is a circa 1923 J.E.R. Carpenter masterpiece which commands the entire Park Avenue frontage along the chicest part of the Avenue between 63rd and 64th Streets. This top, white glove coop boasts an impressive and fully attended marble lobby, elevator attendants, and a full-time resident manager. Apartment 5B has not traded hands since the 1990's and presents a great opportunity for the discerning buyer to create a splendid home. Accepts pied a terre residents and pets. 3% flip tax by purchaser. Showings are weekdays only and no evenings or weekends.

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Important Stuff
Doorman
Elevator
Pets allowed
History
What it'll cost
Purchase price
$3,775,000
Asking Price: $3,775,000
Term
30 Years
Down Payment
$755,000 (20%)
Min: 20% (755,000)
Rate
6.5 %
Mortgage Amount
$3,020,000
Mortgage Payment
$19,088
Maintenance
$4,513
Estimated closing cost
$64,000
Total monthly cost $23,601
Listing Courtesy of Douglas Elliman

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