105 East 16th Street Apt: PH
New York, NY 10003

Cross street:Park Avenue South

Building

Type:Loft
Era:Post-war
Floors:10

Property

Ownership: Co-op
Rooms: 4
Bedrooms: 2 BR
Bathrooms: 1.5
Pets: Pets Allowed

Financials

Price: $4,995,000
Maintenance: $4,233
Financing Allowed: 75%
Minimum down: $1,248,750

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505 Park Ave, New York, NY 10022
Courtesy of Compass

Description

Conveniently located in the center of the Universe atop a Gramercy prewar loft building, is a residence beyond all else. Published in New York Magazine, this unique penthouse has two distinct structures. A beautifully curated main living space with bedroom and full bath plus a rare freestanding cottage surrounded by multiple levels of lush gardens and terraces. The epitome of relaxed elegance and sophistication, the corner living/dining space features a wood-burning fireplace, fourteen casement windows, beamed ceilings, and salvaged wide-plank oak floors. The primary bedroom features a custom designed leather headboard beautifully framed by refined millwork providing built-in nightstands, storage and shelving for the most veracious collector. There is also a generous walk-in closet. Adjacent to the bedroom is the stunning full bathroom equipped with a a large shower with dark verdigris hand-glazed tiles and patinated brass fixtures. The bathroom has been creatively designed with a pocket door allowing for dual function as a windowed powder room with a stone trough sink. Distinctive and modern, the open kitchen has top of the line appliances with jet-black beadboard cabinetry. Countertops and freestanding island are topped with 4-inch slabs of marble reclaimed from Independence Hall. The kitchen casement windows offer views across the lush greenery and the much-fabled cottage. The outside banquette dining area along with an outdoor television serve as a cozy area perfect for casual dining or enjoying one’s morning coffee. The distinctly separate freestanding wood frame cottage, one of only a few in Manhattan, functions as a guesthouse plus a writer’s studio. It has 10-foot peaked ceilings and a large north-facing picture window with built-in storage and shelving. The urban cottage provides a sanctuary from the bustling city below. The rooftop garden paradise has been landscaped by Harrison Green with mature trees, rosemary, lavender, and hydrangeas. A true entertainer’s haven day or night with multiple areas for lounging or hosting dinner parties alfresco. Enjoy watching movies under the stars from the outdoor cinema. Fully equipped with automatic irrigation systems, lighting and sonos sound system. Includes two extra-large storage spaces and bicycle storage. Pet-friendly.

Amenities

Bike Room; Private Storage;

  • Private Roof
  • Terrace
  • Washer Dryer
  • Elevator
  • Keyed Elevator
  • Video Intercom

Neighborhood

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Conveniently located in the center of the Universe atop a Gramercy prewar loft building, is a residence beyond all else.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.