The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

120 East 79th Street, Unit 5D

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Rarely available 1 bedroom, 1.5 bathroom home adjacent to Park Avenue. The addition of the coveted powder room, a highly desirable feature, offers significant benefits for those who entertain frequently. Although there are new windows and renovated bathrooms, the original parquet floors, beamed ceilings, entrance foyer, and southern townhouse views evoke a decidedly pre-war feel. The eat-in kitchen/dining area, with its two western windows, could be opened to create an expansive loft-like home. The spacious bedroom easily accommodates a king-size bed. Located near Central Park, numerous museums, and the best shops and restaurants, 120 East 79th Street is also convenient to public transportation.

With its distinctive canopied entrance and elegant front door, 120 East 79th Street is an established full-service cooperative. The numerous services and amenities include a full-time doorman, resident manager, central laundry room, fitness room, bike room, common garden, and storage (subject to availability). The prime location between Park and Lexington Avenues enhances the desirability of this 1947 building. Pied-a-terre ownership and pets are permitted There is a 2% flip tax paid by the buyer.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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