Apartment on Fifth Avenue

Apartment on Fifth Avenue anyone?

Upper East Side
2 East 67th Street
New York, NY, United States
Property ID# 0014792
MLS ID# 0014792

Listed at: $40,000,000

Imagine paying $40,000,000 for a 4 bedroom coop, and we don't even know the maintenance fees. We know the New York Real Estate market is unique....
Either way, you will be the "talk of the town", at least for a while.

Imagine you place the same $40,000,000 on a High Yield Savings Account or a CD which should return "at least' 5% a year (you should get a lot more than that of course). 5% on $40,000,000 is $2,000,000 a year on interest.
$2,000,000 a year on income gives you $166,666 every month or $5,555 a day! And we didn't even consider the "magic" of compound interest (Warren Buffet).

You decide!

Here's the listing information from the broker:
Superb Rosario Candela coop. Sun-flooded, high floor with spectacular views of Central Park. The gallery opens to a corner living room, dining room and library all with 12 ft. +/- ceilings, wonderful original details and 5 fireplaces. The private quarters include 4 grandly scaled bedrooms with ensuite marble baths. A breakfast room adjoins the butler’s pantry, kitchen, laundry and generous staff wing. Decorated by Alberto Pinto; this stunning residence is the ultimate trophy apartment.

Serena Boardman
Sotheby's International Realty - East Side Manhattan Brokerage
38 East 61st Street
New York, NY 10021, United States
Tel: +1 212.606.7611