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795 5TH AVE #2204 |No neighborhood
$20,500,000
4 Bedrooms | 4 Bathrooms
Time on market: 525 days
Taxes/Maintenance: $17,238
Property type: Co-op
Courtesy of Brown Harris Stevens
ARCHITECTURE AND PROVENANCE Chicago-born architect Leonard Schultze co-founded his architectural firm with partner S. Fullerton Weaver in 1921. Weaver, a protg of Franco-American architect Emmanual Louis Masqueray, alongside Schultze, a twenty-year employee of Warren and Wetmore, would go on to create some of the most architecturally significant hotels in the United States. Their first major commission came from John Bowman to design his Biltmore Hotels, most famous of which is their Coral Gables Biltmore Hotel. Later they would design The Breakers in Palm Beach. Where they made their mark was in the design of New York's most illustrious hotels, including: The Sherry-Netherland, The Waldorf-Astoria which at the time of completion in 1931 was the world's largest hotel with 2,200 rooms, The Lexington Hotel, a resdesign of the Grand Ballroom at The Plaza in 1929 - and the illustrious Pierre Hotel. Built on the site of the former Gerry Mansion, the hotel cost $15 million to build, a staggering sum for the time, the building later sold 75 apartments to a cooperative in 1959 while the owner of the Pierre, J. Paul Getty, retained control of the hotel services and guest rooms. Now owned and operated by Taj Hotels Resorts and Palaces, coop owners today enjoy the benefits of five-star hotel services within an historic tower at arguably one of New York's finest locations. THE RESIDENCE Enjoying north, south, east and western exposures, this four-bedroom residence offers an extraordinary amount of public and private living spaces, destined to suit the needs of any living arrangement. A grand living room faces west and north onto Central Park, flooding the main entertaining space with sunlight. The master bedroom suite also overlooks Central Park. There are three additional bedrooms arranged enfilade with en-suite baths culminating in a corner bedroom facing north and east. The apartment features a second living and dining room with east and south windows facing onto the GM building and The Plaza Hotel. There is a second kitchen off the dining room with a door leading to the service entry and a second powder room adjacent to the living room. Branching out to nearly all rooms of this residence, the entry hall leads to coat closets, a security room, a powder room, access to the kitchen, main living room, bedroom suites, and the rear living room which includes views of the GM building and The Plaza Hotel. Exquisite renovation, extraordinary light and elegant arrangement of space for comfort and privacy: all are here in a gracious and serene home more
AMENITIES

Concierge
Elevator
Gym
Pets Allowed
Terrace
Outdoor Areas
Pre-War Building
Full-Time Doorman
MORTGAGE CALCULATOR

Sale Price
Down Payment
%
Mortgage Payment:
Common Charges & Taxes: $17,238

Total Monthly Payment:
Mortgage Amount $16,400,000
Term
30 Year Fixed
Rate
%
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