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.

1060 Fifth Avenue, Unit 10C

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Perfectly situated on the 10th Floor in the premier white-glove J.E.R. Carpenter co-operative, 1060 Fifth Avenue, this palatial sun-flooded corner seven into six room home is a true architectural masterpiece. Drenched in sunlight, the residence boasts timeless elegance, 11-foot ceilings, a wood burning fireplace, herringbone floors, through-the-wall air conditioning, and an abundance of classical historical details. There are two bedrooms (or one and a library), two full renovated windowed bathrooms, a powder room, a corner living room, a formal dining room, an eat-in kitchen and a staff room.

Off a semi-private elevator landing is an elegant entrance gallery from which all of the grand entertaining rooms flow. There is an impressive 30-foot long corner living room which has three oversized windows facing south and east with city views and a wood burning fireplace. Also off the gallery and next to the living room is the formal dining room which provides the ideal space for gatherings. There is a brand-new oversized windowed eat-in kitchen which has never been used. It has a built-in breakfast table which has picturesque views including a peek of Central Park. The kitchen is superbly outfitted with custom cabinets, marble countertops, and top-of-the line appliances including a Subzero refrigerator with two freezer drawers, Viking double oven, Viking six burner range and griddle/grill, two Miele ovens, two Miele dishwashers, Eurocave wine refrigerator, and two sinks. A large butler’s pantry connects the kitchen to the dining room for endless entertaining. Also off the kitchen is a staff room that has a built-in desk and makes the perfect guest quarters. It has an en-suite windowed bathroom with a shower. There is a laundry area with two Miele washers and a Miele dryer.

As for the private quarters, the primary bedroom suite is 24’3″ long facing south. It has four oversized closets and an en-suite windowed bathroom with two sinks, an enormous shower and a separate deep soaking tub. The second bedroom is currently being used as a handsome wood-paneled library. A powder room and two large hallway closets complete this glamorous home. The building allows up to 50% financing, there is a 3% flip tax paid by the purchaser and a storage vault is assigned by the building.

Built in 1928, 1060 Fifth Avenue houses just forty-eight residences. There is a state-of-the-art health club including a gym, a resistance swimming pool, a golf simulator and a half-court basketball court. The building offers residents the highest levels of white-glove service and enjoys close proximity to the city’s greatest museums along with an impressive concentration of galleries, elegant boutiques, and five-star restaurants.



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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