131 Fifth Ave, PH-803

This 1800 SF corner 2 bedroom, 2 bathroom duplex penthouse distinguishes itself with its 14-foot barrel vaulted ceilings, wood burning fireplace, over sized windows and an 900 SF private outdoor terrace. A generous entry foyer opens to a 40-foot wide loft space, a room whose volume and size are amplified by the eight South and West facing windows on the corner of the building and extreme ceiling height. The living room features a working wood burning fireplace. The bedroom on this level features custom built 10-foot sliding doors that allow for flexibility to open up to the living room or close it off completely for privacy.  The galley kitchen is finished with black stone countertops, Bosch dishwasher, and professional grade gas range. Other features include central air controlled by Nest, new CityQuiet windows throughout, a new stacked LG washer/dryer and hidden 9’ x 6’ storage above the foyer. The apartment has a loft platform above the kitchen which has a glass panel in the floor, and which is well-suited for use as a home office. The stairwell is well-lit by a skylight.

On the upper level is a king-sized master bedroom with en suite bathroom and a wall of west facing windows that look out onto the terrace and historic buildings across the street. The master bathroom was updated in 2016 and is finished in Carrera marble with a double wall mounted vanity and Waterworks fixtures.  A skylight in the bathroom allows abundant natural light throughout the day.   

A substantial investment recently went into improvements on the extraordinary outdoor terrace, one of very few on the market that boasts both Empire State and Freedom Tower views, without any adjacent neighboring building peering down onto the space.  The apartment is surrounded by sky and has a view of the cornices of surrounding architecturally significant turn-of-the-century buildings on landmarked Ladies’ Mile. The terrace is newly built with Ipe wood and bluestone flooring, features custom potted planters with irrigation, electrical outlets and in-seating storage.  Multiple seating areas are set back from building’s iron Corinthian cornice, creating a quiet garden retreat well-suited to summer dinner parties.  The terrace is especially spectacular at night.  

131 Fifth Avenue is a historic Beaux Arts 8 story, 23-unit cooperative built in 1904 by the Roosevelt Family and was part of one of the original Lord & Taylor Department Stores.  The building is very centrally located in the Ladies Mile Historic District in close proximity to Union Square, the Flatiron Building, and Madison Square Park as well as an array of shopping venues on Fifth Avenue and many of the city’s best restaurants. 131 Fifth Avenue is a pet friendly building.  Pied-a-terre, guarantors, and co-purchasing are allowed subject to board approval. Flip tax 2.5%.