205 West 57th Street 11/12ABCDE New York, NY 10019

$5,950,000 5 Bedrooms5 Full / 1 Partial Baths

205 West 57th Street 11/12ABCDE New York, NY 10019

 
Full Floor PH Opportunity at the Osborne
Total # of Rooms: 10
Year Built: 1885
mt: $8,000 
flip tax: 3% Paid By Buyer 
max financing: 50 %
Web #: 00114127
Full Floor PH Opportunity at the Osborne

This is a once in a lifetime opportunity to own an 11th and 12th floor duplex Penthouse suite at the legendary Osborne...Five adjacent apartments are ready for your architect to create one of the great pre-war apartments on West 57th Street, AKA “Billionaire’s Row”, a spectacular stretch of New York City real estate. With ~ 5,000 interior square feet and ~ 275 square feet of terrace, countless possibilities exist to customize this unique and glorious space. Four skylights, including a massive skylight in the kitchen, flood the space with natural light. Vaulted and soaring ceilings, multiple fireplaces, Central Park and City skyline views, huge sash windows that usher in light from every direction and a south-facing terrace with open city views -- all the right “bones” exist to customize an exceptional layout to design a grand and classic home with 4-6 bedrooms, grand living and dining, media room, sprawling eat-in kitchen and master suite with dressing room and five fixture spa bath. Enjoy exciting open city views and watch the ball drop on New Year’s Eve from the glorious terrace. Create your own masterpiece at one of Manhattan’s most famous cooperative apartment buildings— the magnificent Osborne. As just one example of the trophy home that can be created, please see the attached floorplan for inspiration.

The Osborne, like the Dakota, is one of the finest examples of turn of the century architecture in Manhattan. With an unparalleled location across from Carnegie Hall, around the corner from Central Park at the crossroads of everything happening in town, the Osborne is a rare-surviving example of the 1880s gilded-age with an elaborate entrance and richly appointed lobby. Built for the prominent citizens of the day, the Osborne retains its elegant and important history. Pet friendly. Flip tax 3%.

*Please note that at the current price, the seller is offering a closing credit of $572,280 which is the equivalent, at the current maintenance, of a $9,538 monthly credit against the maintenance for a five year period. Actual current monthly maintenance is $17,538. This residence is being sold “as is.” Viewings by private appointment only.


 
Cathy Taub

Senior Global Real Estate Advisor, Associate Broker
m: (917) 855-8466
o: (212) 606-7772

agent-pic
Ellen Kapit

Associate Broker
m: (917) 620-3445
o: (212) 579-4379

agent-pic
 
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Interior Features

Total Rooms
# of Rooms: 10
Bedroom Information
# of Bedrooms: 5
Bathroom Information
# of Full Bathrooms: 5
# of Half Bathrooms: 1

Exterior Features

Type of Property
Cooperative
Other Features
Terrace
Views
City/Skyline View
Park Views

Property/Lot Details

Building Amenities
Doorman/Attendant
Elevator
Laundry Room
Pet Friendly
Storage
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY