Live in Grand Scale or Invest with Grand Returns
This 1907sf 2 bedroom (convertible to 3) duplex condo is an outstanding investment opportunity with a 5% cap rate! The current owner would stay on for 3-5 years as a tenant agreeing to pay $16,000/month in rent. Alternatively, the apartment can also be delivered vacant, ready for a new owner to enjoy the loft-like interior spaces for which the Pythian Condo is well known.
The double height entrance with guest powder room leads into the first level's versatile open floor plan. The highlight of this floor is the 26 foot long sunken living room with 11 foot ceilings and South facing widows opening onto beautiful townhouses across the street. The modern open kitchen is smartly designed with an abundance of natural wood cabinetry and granite counter space. Special features include breakfast bar, stainless steel appliances with 36" Subzero integral fridge and recessed lighting. Adjacent to the Kitchen is the formal dining room with dramatic double height ceiling. Adding intimacy to this grand entertaining space is a separate bar area with sink, Subzero refrigerator and freezer drawers and room for lounging.
At the top of the stairs on the 2nd floor landing is a unique and generous glass enclosed home office that offers a bird's eye view down to the living and dining rooms. Also on the floor is a large guest bedroom that has been redesigned as 2 individual rooms (easily converted back to 1 room), a full bathroom with laundry closet and the master suite. This large suite includes private bath, custom built-in closets and a South facing balcony that is rare for the building.
The Pythian is one of the Upper West Side's most architecturally unique and recognizable buildings with a vibrant history. Built in 1927, it started its life as the main assembly hall for the Knights of Pythias. In the 1950's the building became home to Decca recording studios where famous artists such as Bill Haley and the Comets, Buddy Holly, Sammy Davis Jr., and Billie Holiday all recorded albums. Today the condo houses 88 luxury apartments designed by architect David Gura for which he won a Residential Design Award from the AIA. The flamboyant Art Deco style facade with Egyptian Revival details underwent a complete restoration in 2009.
Enjoy living on a beautiful Town House block in the Central Park West Historic District within easy proximity to Central Park and Lincoln Center. The building amenities include full time Doorman, Live-in super, porters, additional building Laundry room, a Children's playroom and storage. Assessment of $260.00 in place for capital improvements including the construction of a gym for the building. Assessment of $298.83 in place to increase the reserve fund and the construction of a new gym for the building.
- Attended Lobby
- Pet Friendly
All information is from sources believed to be reliable and is subject to change of price, rental, commission or other conditions, prior sale, lease or financing or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footage are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics are reserved. Customer should consult with its counsel regarding closing costs. Nothing herein shall constitute an offer or solicitation with respect to the purchase or sale of any property in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make an offer or solicitation.