1111 PARK Avenue #5A

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 primary bedroom and second bedroom are both 21-feet long and face west onto Park Avenue. The primary 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.