575 Park Avenue Apt: 1109
New York, NY 10065
Cross street:East 62nd Street

Building

Type:Mid-rise
Era:Post-war
Floors:16

Property

Ownership: Co-op
Rooms: 3
Bedrooms: 1 BR
Bathrooms: 1
Pets: Pets No

Financials

Price:$525,000
Maintenance:$4,754
Financing Allowed:50%
Minimum down:$262,500
594 Broadway, New York, NY 10012, USA
Listing Courtesy of Serhant LLC

Park Avenue Sophistication with Hotel Style Services at 525, 000.

Description

Park Avenue Sophistication with Hotel-Style Services at $525,000.

Welcome to The Beekman, where the elegance of Park Avenue meets the comfort of five-star living. Imagine coming home to daily maid and cleaning service, fresh linens, and perfectly maintained common areas-every single day. And when it's time to dine, you don't even need to leave the building: Café Boulud, one of Manhattan's most celebrated restaurants, is located right downstairs.

Even better, the building's land lease has been completely renegotiated, securing a new 103-year term that keeps monthly costs steady for decades to come-making this one of the most stable and attractive opportunities on Park Avenue.

Step inside this designer-renovated, turnkey one-bedroom residence, and you'll instantly feel its refined modernity. The sun-filled living room, facing south with open city views, flows seamlessly into the bedroom, which can be opened or closed for a flexible loft-like layout. High beamed ceilings, wide plank wood floors, and custom millwork throughout create a luxurious, gallery-style ambiance.

The kitchen features top-of-the-line stainless-steel appliances, a coffee bar, and ample storage. The spa-inspired bathroom gleams in white stone, with a walk-in glass shower and sleek modern fixtures. Subtle built-in speakers complete the high-end design.

Residents at The Beekman enjoy a hotel-level experience-including five-day-a-week maid service, 24-hour doorman and concierge, an on-site manager, fitness room, bike storage, and complimentary window washing. Electricity and utilities are included in the maintenance, and each unit comes with a large private storage area.

Perfect as a primary residence or pied-à-terre, this home welcomes foreign buyers, trusts, and LLCs. Subletting is permitted. A small monthly assessment of $211 supports the building's long-term financial strength following the lease renewal.

Where else can you find a fully renovated, designer one-bedroom with daily service, a world-class restaurant downstairs, and a 103-year land lease-all for $525,000?! This is Manhattan luxury, simplified.

4% flip Tax paid by the Buyer.

Contact Emanuele Fiore or Emily Stevens for a showing.

Amenities

Bike Room; Courtyard; Health Club; Fitness Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Private Storage; WiFi;
  • Courtyard
  • Elevator
  • Fitness Facility
  • Full service
  • Land Lease
  • Laundry Room

Neighborhood

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OLR IDX

RLS Data display by Nest Seekers LLC.

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.