Elegant Pre-War Two Bedroom

Low Maintenance

Move right into this gracious two bedroom, two-bath apartment in prime location off Madison Avenue in the 80s.  Rear facing yet full of sun, this quiet and mint apartment has been thoughtfully renovated throughout. A large entrance foyer with a coat closet leads to a formal living room with high ceilings, crown molding and original hardwood floors.  The adjacent dining room, with custom built-in cabinetry, is ideal for entertaining or family dining.  The fully renovated, windowed kitchen features appliances by Bosch, Subzero and Bertazzoni, granite countertops and stone floors.  

Both bedrooms are off a private hallway.  The master is generously proportioned, with south and west exposures, custom built-in closets, an additional large closet, and en suite renovated full bath featuring new fixtures and ample cabinets.  The second bedroom, which boasts a large walk-in closet, has an adjacent, full marble bath.

Additional features of this special residence include through-wall thermostat-controlled air conditioning in every room, arched doorways, beamed ceilings, and a private storage bin.  

Thanks to a new lease of Madison Avenue storefronts, this expertly managed coop now boasts-by far-the lowest maintenance in the area.  Monthly maintenance for this apartment is now an astounding $501.67.  To further improve its reserves, and to ensure that maintenance remains low, the coop is building an investment fund over the next six years.  Total monthly payments for the next six years will still be far below market at $1143.

38 East 85th Street is a well-run, classic pre-war building located on a beautiful tree-lined block just steps from Madison and Park Avenues, Central Park, major cultural institutions, fine shopping, top restaurants and public transportation.  In the heart of the P.S. 6 school district, this full-service, pet-friendly building was built in 1925 by Schwartz & Gross and has a full-time doorman, private storage, bike room and central laundry facilities.  50% financing is permitted, and there is a 2% flip tax paid by buyer.