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Got €8.6 million to spare? You could have this Park Avenue apartment

A steal at twice the price

A former executive at the investment management firm Sanford C. Bernstein is putting her Park Avenue apartment up for sale.

Marilyn Fedak, Sanford Bernstein’s former chief investment officer and executive VP, and her husband Dr. Michael Fedak, are selling their home after 17 years. According to the New York Times, Mr. and Mrs. Fedak decided to sell after spending much more time in Boca Raton and Greenwich, than in the New York penthouse.

The Fedaks will keep a smaller apartment in the same building, which they bought in 2003.

The penthouse for sale is a 3 bedroom, 2.5 bath apartment that rings up to $11.5 million (€8.6 million). It includes 3,300 square feet of indoor space, and a 3,000 square feet rooftop terrace. Located at 655 Park Avenue on the Upper East Side, the apartment terrace has a beautiful view of the New York City skyline.

The apartment’s lower level welcomes guests in with a grand reception gallery, with wet bar and powder room.

the-apartments-lower-level-welcomes-guests-in-with-a-grand-reception-gallery-with-wet-bar-and-powder-room Source: Businessinsider

With three bedrooms in the apartment, the Fedaks use one for a study, and the other as a library.

with-three-bedrooms-in-the-apartment-the-fedaks-use-one-for-a-study-and-the-other-as-a-library Source: Businessinsider

The master suite takes up the entire 10th floor.

the-master-suite-takes-up-the-entire-10th-floor Source: Businessinsider

The library includes mahogany bookshelves and window frames.

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the-library-includes-mahogany-bookshelves-and-window-frames Source: Businessinsider

The 11th floor private terrace was professionally designed and landscaped.

the-11th-floor-private-terrace-was-professionally-designed-and-landscaped Source: Businessinsider

The terrace has a wet bar, dining area, and lots of greenery.

the-terrace-has-a-wet-bar-dining-area-and-lots-of-greenery Source: Businessinsider

Spanning over 3,000 square feet, it provides a beautiful view of the city.

spanning-over-3000-square-feet-it-provides-a-beautiful-view-of-the-city Source: Businessinsider

Read: This Manhattan ‘Sky Loft’ is on the market for $48 million. Want to see inside?

Published with permission from:

Business Insider
Business Insider is a business site with strong financial, media and tech focus.

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