271 Central Park West, 7-E

Floating directly over the lush trees and gleaming reservoir of Central Park, this eight-room pre-WWI apartment has magical views. A grand foyer leads to the three main entertaining rooms with over ten foot ceilings and large tilt and turn windows framing the spectacular view. The corner living room has a wood burning fireplace and east and south exposures over the park. The formal dining room, also park facing, and generous library afford grand entertaining space. Intact are original moldings, French doors and inlaid parquet floors. A hallway leads to the bedroom wing, currently configured as three bedrooms, each with its own bath. A large eat in kitchen has a laundry area, enormous walk in pantry, and an adjacent maid's room and bath, which could easily be a fourth bedroom as they are adjacent to the main bedroom hallway. There is through the wall air-conditioning throughout, and upgraded electrical. The apartment needs updating, but is a worthy project.

Designed by architects Schwartz and Gross, and built in 1912, 271 Central Park West stands on the north corner of 87th Street and Central Park West. With an elegant lobby, this twelve-story, sophisticated intimate cooperative was constructed with just two apartments per floor and a penthouse. There is manned elevator, a bike room, and an outdoor half basketball court. 2% flip tax