This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pick a Posh Pied-a-Terre

NEW YORK ( MainStreet) -- A second home? Plenty of people have second homes. Not everyone has a pied-a-terre, though -- that's for the rich.

What's the difference? Well, nothing, really. Deep-pocketed people might occupy their pied-a-terre or part-time residence for part of the week, part of the month or just for part of the year, but so might people who consider themselves firmly middle-class.

Atop Seattle's Mosler Lofts building is a one bedroom/two-and-a-quarter-bath duplex with dramatic double-height ceilings offering taggering views of the city and Puget Sound -- perfect for a pied-a-terre.

If there's a difference (beyond the fact one sounds fancier) it's in the details. Some people find it worth it to buy an exceedingly luxurious and comfortable apartment in a world-class city, and it's properties such as this that somehow say "pied-a-terre," not "second home" -- and properties such as this we look at today:

New York City
The sky's the limit when it comes to real estate in prime Manhattan neighborhoods. In the formerly boho but now fully gentrified West Village lies a one bedroom/one bath penthouse in a full-service prewar building listed at the heart-stopping price of $5.5 million.

The small entry -- less than 1,000 square feet -- does double duty as the dining room. The generously scaled step-down living room, meanwhile, has 12-feet high ceilings and a wood-burning fireplace.

The kitchen, a closet-sized space off the entry and dining room, has a window providing a spectacular view of the bustling city.

The lone bedroom boasts floor-to-ceiling bookshelves and a surprisingly large walk-in closet. The attached bath isn't large but does have a window -- somewhat rare in even the largest and most expensive New York City apartments.

Casement-style French doors open from the living room to a 6-footwide planted terrace. The terrace itself runs the full width of the penthouse and offers panoramic views that include the Empire State Building.

For information, call Chris Kann (212-893-1426) or Robert Browne (212-893-1728) at Corcoran in New York City.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $112.75 2.80%
FB $90.29 3.60%
GOOG $636.90 1.30%
TSLA $242.75 8.00%
YHOO $33.68 3.60%

Markets

Chart of I:DJI
DOW 16,654.77 +369.26 2.27%
S&P 500 1,987.66 +47.15 2.43%
NASDAQ 4,812.7080 +115.1720 2.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs