One Museum Mile Announces Sales Success

The residential condominium at 1280 Fifth Ave. on Central Park reaches 90 percent closed and in contract.

One Museum Mile, the new residential condominium located at 1280 Fifth Ave. on Central Park in Manhattan, has reached 90 percent closed and in contract, with 33 closings in the past six months alone totaling more than $65 million, announced CORE, the exclusive sales and marketing firm for the building.

Recent sales include a three-bedroom residence that closed for $3.745 million, or $2,133 per square foot, the highest price per square foot ever achieved for an apartment in the neighborhood. The sale broke the previous record held by another three-bedroom apartment at One Museum Mile, which sold for $2,030 per square foot.

“This milestone is as much a testament to this exquisite Robert A.M. Stern building as it is to the transformation of perception. At the top of Central Park, this is one of the most beautiful neighborhoods in the city,” stated Tom Postilio, CORE’s Director of Sales for One Museum Mile. “We have again toppled our previous record pricing. This neighborhood is not emerging – it is blossoming.”

A select few units remain available for sale, including a one-bedroom, 1,200-square-foot residence with private terrace offered at $1.395 million. Two-bedroom apartments with Central Park views start at $1.725 million, and three-bedroom homes start at $1.895 million.

The 116 residential interiors at One Museum Mile were created by Andre Kikoski, who also designed the award-winning restaurant The Wright at the Guggenheim. Robert A.M. Stern Architects, LLP, served as design architect for the building. SLCE Architects served as architect-of-record, and Manhattan-based real estate private equity firm Brickman is the developer of the building.

Amenities include a 24-hour full-service concierge, landscaped roof terrace, rooftop pool and terrace overlooking Central Park, fitness center with terrace and a residents’ lounge with fireplace. There is also a media lounge and card room, children’s playroom, teen game room, formal conference and dining room on Central Park, bicycle room, cold storage in the lobby and private storage. A 421a tax abatement is in place.

Each apartment at One Museum Mile features an open kitchen and breakfast bar, Bosch dishwasher, Thermador stainless steel oven, cooktop and refrigerator and a Bosch washer and dryer.

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