Thursday 19 March 2020

Most Expensive New Listing: ‘Jaw-Dropping’ $42M Duplex on Park Avenue in NYC 

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A “jaw-dropping” duplex unit in Manhattan has landed on the market with a $42 million price tag, which makes it this week’s most expensive new listing on realtor.com®. 

The luxe residence on the Upper East Side combines two units and spans the 10th and 11th floors. The oversize space was gut-renovated to create a massive, 18-room home with six bedrooms, plus a staff suite, eight full bathrooms, and three half-bathrooms. According to the Real Deal, the swanky spot is owned by Paul Yablon of Moore Capital Management.

The floor plan offers 21-foot ceilings, four sunny exposures, and a renovation “in which no expense was spared or detail overlooked,” the listing description asserts.

Inside, a private elevator landing opens into a gallery and living room with a wood-burning fireplace and double-height ceilings. The eye-catching cantilevered staircase, with a floating glass railing, is an artful focal point.

If you’d rather not climb up the stylish stairs, the elevator can whisk you to the two different levels. 

Double-height ceilings

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Living room

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Custom kitchen

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Dining room with banquette

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Cantilevered staircase

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Master suite

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A cozy dining room, with built-in cabinetry as well as a velvet banquette, is a highlight for a buyer who desires to stay inside. Adjoining the dining space is a custom-designed kitchen with Wolf, Gaggenau, and Miele appliances. For additional kitchen storage, there’s a butler pantry, which also leads to an office or staff room.

In addition, the 10th floor has a library with fireplace and wet bar, and the master suite, with custom-built TV, dual marble baths, a separate office, and two walk-in closets. 

Up one floor, you’ll find the media and family room, accented by a gas fireplace. For guests, a private wing houses four en suite bedrooms. There are also staff quarters, laundry, a powder room, mudroom, and multiple walk-in closets, as well as storage areas.

Luxury details include wide white-oak flooring, fully automated lighting and shades, and a wine storage room. 

Built in 1928, the 20-story building is located on posh Park Avenue, and is close to boutiques, art galleries, the Frick Collection, and Central Park.

The building offers white-glove service, including a full-time door attendant, concierge, attended elevator, private storage, central laundry room, fitness center, and bike room storage. However, the homeowner perks don’t come cheap. Monthly maintenance comes to a little over $23,000.

Elizabeth Sahlman with Corcoran Group-East Side holds the listing.

The post Most Expensive New Listing: ‘Jaw-Dropping’ $42M Duplex on Park Avenue in NYC  appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/trends/42m-jaw-dropping-duplex-on-park-ave-most-expensive/

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