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.

575 Park Avenue, Unit 108

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Elegantly Renovated prewar 2-Bedroom, 2-Bath at the Beekman.

Rarely available, this combined two-apartment residence at The Beekman Residences offers a spacious and flexible layout with two bedrooms, two bathrooms, and two separate entrances. Designed for both comfortable living and entertaining, the home features approximately 9.3 foot ceilings and a gracious prewar floor plan.

A formal entry gallery opens to a large living area with a decorative wood-burning fireplace, flowing into a formal dining room. The apartment includes a cherry-wood chefs kitchen with an additional kitchenette, ample built-in storage, fitted walk-in closets, and original herringbone hardwood floors throughout. Architectural details include custom millwork, fluted cherrywood doors and cabinetry, dentil-molded beams, and handmade clear stained-glass windows by an antique artisan. Two decorative fireplaces enhance the homes classic character. The seller has spent over $600,000 in renovation.

Located in a white-glove, full-service cooperative at Park Avenue and 63rd Street, The Beekman offers an exceptional standard of living with 24-hour doorman and concierge service, on-site management, and hotel-like amenities including housekeeping five days a week, private storage, bike room, laundry facilities, fitness center, and all utilities included in the maintenance.

Pied–terres, foreign buyers, LLCs, and some forms of trust ownership are allowed. A 4% flip tax is payable by the buyer. Land lease extended to 2124 with current assessment and capital improvements of $258 per month.

Located within the building, Caf Boulud and Maison Barnes provide exclusive dining, private events, and special resident experiences bringing world-class cuisine and cultural sophistication right to your doorstep.



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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