Price halved for an apartment in the building Barbara Walters once lived

Posted On Mon, December 19, 2016 By

Posted On Mon, December 19, 2016 By In Cool Listings, Interiors, Upper East Side

This opulent apartment has been patiently waiting to find a buyer. It first hit the market in early 2014 and the price was quietly dropped to $12.5 million by the end of the year. Now, it’s back two years later with a reduced ask—by nearly half!—of $6.295 million. This is a four-bedroom, five-bathroom pad with all the elegant bells and whistles at 555 Park Avenue, the prestigious Upper East Side building that Barbara Walters once called home.

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A private entrance brings you into this duplex maisonette, boasting about 4,000 square feet and ten-and-a-half foot high coffered ceilings. The main floor has 60 feet of entertainment space that includes a dining room, music room, and living room, all separated by columns. Details include parquet de Versailles floors and imported French First Empire fireplaces throughout.

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The formal dining room comes with a decorative fireplace and stunning chandelier. There is also the “Versailles” music room with beveled mirrored walls, and an oak-paneled study with French doors that lead to a balcony overlooking a patio garden. All three bedrooms are located on the entertainment floor, as well.

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The lower level of the apartment holds a media room, guest bedroom, eat-in chef’s kitchen and staff room (with its own separate entrance). Even the kitchen looks glamorous with its own chandelier.

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555 Park Avenue is a coveted co-op, built in 1914, that’s within close proximity to Central Park. A nice location and a very nice apartment—do you think it has finally settled on the right asking price to attract a buyer?

[Listing: 555 Park Avenue, #M1 by the Michael Graves Team for Douglas Elliman]

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Photos courtesy of Douglas Elliman

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Neighborhoods : Upper East Side

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