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One Museum Mile in East Harlem hits 70 percent sold

Buzz Buzz News // May 15, 2013

One Museum Mile at 1280 Fifth Avenue is 70 percent sold, with 25 new sales in the past three months, according to CORE.

The 21-story East Harlem development, designed by Robert A.M. Stern, has 116 condos, with interiors by Andre Kikoski. Earlier this spring, Unit 11B sold for $3.565 million, or $2,030 per square foot — a neighborhood record. The 1,756-square-foot three-bedroom had a private terrace.

“Interest in One Museum Mile is continuing to grow with buyers who appreciate the building’s high-end amenities, sweeping Central Park vistas and exceptional design, all at good value,” Tom Postilio, Managing Director of CORE, said in a statement.

Some of the aforementioned high-end amenities are a 24-hour concierge, landscaped roof terrace, rooftop pool, fitness center, resident lounge, media lounge and card room, children’s playroom, teen game room, on-site parking, bicycle storage, cold storage in the lobby and a 421a tax abatement. Available units include two-bedrooms from 1,284 square feet to 1,699 square feet, and three-bedrooms up to 2,118 square feet. Also for sale: a 3,619-square-foot, six-bedroom residence asking $6.35 million and a 4,892-square-foot, eight-bedroom home asking $8.275 million. Each apartment has an open kitchen and breakfast bar, Bosch dishwasher, Thermador appliances and in-unit washer/dryer.

The developer is Manhattan-based real estate private equity firm Brickman.

Original Article: Buzz Buzz News