$3,995,000
Updated 4 years ago
Off Market

The Spencer Condominium

1 East 62nd Street, 2-A

Upper East Side, Manhattan | Fifth Ave & Madison Ave

5 Rooms2 Beds2 Baths2,588 Square FeetCondo

$3,995,000
Common Charges$7,321
RE Taxes$2,575
Price Per SF
$1,544

Listing Features

  • Corner Apartment
  • Duplex
  • Entry Foyer
  • Original Details
  • Separate Dining Area
  • Spiral Staircase
  • Track Lighting
  • Flr-to-Clg Windows
  • Dishwasher
  • Windowed Kitchen
  • En Suite Bathroom
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Balcony
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Concierge
  • Elevator

Policies

  • Pets Allowed

Property Description for 1 East 62nd Street, 2-A

1 East 62nd Street is one building from Fifth Avenue and Central Park, on a block that retains a most impressive group of turn of the century mansions, some of which are deemed among the finest on the Upper East Side of Manhattan.

Together they create the luminous limestone streetscape opposite 1 East 62nd Street, a 42-foot wide neo-French classic style mansion also in white limestone designed in 1903 by Horace Trumbauer. Another limestone mansion Trumbauer designed for James B. Duke - for whom he also planned Duke University - at 1 East 78 Street is also revered and has been designated a New York City landmark. Trumbauer's extraordinary work was in the Beaux-Arts style but more restrained and less exuberant and with a powerful simplicity that anticipated a more modern concept of elegance.

The house Trumbauer created at 1 East 62nd Street was a superior example of his forward-looking vision.

JOHN R. DREXEL MANSION

The father of the creator of this mansion was Anthony Joseph Drexel, Senior, who founded Drexel, Morgan & Co. in New York in 1871 with JP Morgan as his junior partner at the urging of his father, Junius Spencer Morgan. The company thrived and played a major role in the rise of global finance after the American Civil War. The Drexel fortune then passed to his son and wife, John and Alice Drexel.

To assert their position in society, their first step was to engage Horace Trumbauer to build this impressive mansion in 1903, which would cost $700,000.

It is a 42-foot wide elevated white limestone structure of seven stories. In 1938 it was converted into 12 luxury apartments. For example, the penthouse is 5,190 square feet with 9 rooms and 2 terraces. Ernest Hemingway chose an apartment here as a private refuge for his writing.

THE APARTMENT

Apartment 2A offers the rare opportunity to acquire the front rooms spanning 42 feet on the second floor, arguably the most dramatic floor in any large mansion. The space is amplified by the size of the three huge floor-to-ceiling windows and the constant light that pours into the room. This floor was originally designed to include the ballroom of the mansion.

Upon entering, the space almost feels like an extraordinary movie set, a feeling perhaps augmented by the ceilings, which measure 16 feet 4 inches in height. The massive living room has an extraordinary fireplace. The dining room is open and leads to a kitchen and second bedroom with windows to the west and north, a laundry room and a full bathroom. Curved stairs ascend to a primary bedroom with corner windows to the south and west towards Central Park and a full bathroom. There are 10 closets on the lower level and 13 closets on the upper level.

One can truly say that there is no other apartment like this one in New York - while at the same time the vistas out the windows evoke a vista in Paris.

A remarkable space in a perfect place.

EXCEPTIONAL SERVICE

With so few apartments, the building has assembled a superb staff. It is an exceptional pleasure to walk into this lobby, as the 24-hour doormen are so pleasantly cordial and yet skillfully security conscious.

Building Details for 1 East 62nd Street

OwnershipCondo
Building TypeLow-Rise
Service LevelConcierge
AgePre-War
AccessElevator
Year Built1903
Floors/Apts6/12
Learn More About the Building

Transit and Citi Bike

Subway

5 Av/59 St
0.14 miles
Lexington Av/63 St
0.29 miles
59 St
0.31 miles
Lexington Av/59 St
0.32 miles
57 St
0.35 miles

Citi Bike

5 Ave & E 63 St
0.02 miles
E 61 St & Madison Ave
0.11 miles

Contact Agent

Contact Agent

Paula Del Nunzio
Brown Harris Stevens

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1966818