$19 Million Apartment: Rooms with a View
NEW YORK (AP) _ Closet space is no problem in this roomy apartment off Park Avenue. But the price might pose a problem for some: $19 million.
The 18-room ″skyrise mansion″ features a 360-degree vista from the 54th through 57th floors of The Galleria building at 57th Street and Park Avenue.
The asking price breaks down to $1.05 million per room. Besides the mortgage, the monthly fees for maintenance and taxes comes to $13,000.
Parking is extra. But, hey - the Lexington Avenue subway stop is only three blocks away.
″Anybody who buys this is going to have a big pocketbook - and a big ego,″ said Judith Hitchcock of the Corcoran Group, the listing agent. ″It’s certainly more money than I’ll ever see in my life - unless I win the lottery.″
The condo has been on the market since February. So far, the lookers have been Japanese or European, but no Americans.
″It most likely will be sold to a Japanese buyer; they like the midtown location and enormous space. It’s priced right,″ said Ms. Hitchcock.
The place originally was built in 1976 for General Motors heir Stewart Mott, who reportedly walked out during construction because of cost overruns and delays.
The current owner, Venezuelan industrialist Jose DiMase, bought it in 1979. But he and his family use it only 10 or 11 days a year, because they also have a home in Caracas, a castle in Nice, France, and a villa in Rome.
″It’s really just a pied-a-terre for them,″ said Ms. Hitchcock.
Besides the views and the real estate requisite - ″location, location, location″ - the buyer will get: 10,000 square feet of living space, including six bedroom suites; 7,000 square feet of terraces, some as wide as a sidewalk; a private, internal elevator; seven marble baths, with whirlpools and gold fixtures; wine cellar; servants’ quarters; and a 6-by-15-foot, rooftop pool.
The most elegant rooms - two bedroom suites - are off the pool. Both are surrounded by 15-foot windows - showing views in three directions - that curve into the ceiling to become skylights; press a button next to the bed and the drapes roll up.
In one of them, a king-size, canopied bed overlooks the Plaza hotel and points west. Next to the bed is a sunken, marble bathtub that overlooks all of Central Park. The other suite, looking west, includes a 10-by-15-foot bath, with marble tub, etched glass ceiling fixture and steam room.
Downstairs, the library features a vaulted, 20-foot ceiling with skylights. The living room also has a 20-foot ceiling, a fireplace - of course - and a mezzanine. The kitchen is white and plain; but who will see it, besides the maid and butler whose apron, jacket and bow-tie were hanging on a hook there?
The wall tapestries and other furnishings are negotiable; it’s unclear whether the nine fur coats hanging in one closet are for sale.
A leaky roof caused peeling paint in the dining room, a couple of carpets are worn, and the staid floral patterns may not be for everyone. But what the heck - the place can be redecorated for $2 million or so, says Ms. Hitchcock.
And besides - a sharp negotiator may get the seller to knock off a couple of million.