It’s Free to Look: Fifth Avenue Art Estate [Pics]

This 1925 penthouse duplex at Fifth and 83rd was originally home to retail titan Sam Kress and has been in the family ever since. The apartment was first put on the market in 2007, asking $50 million with Douglas Elliman. It now asks $35 million, listed with Leighton Candler at Corcoran. 

Kress outfitted the space to suit his enormous medieval and Renaissance art collection. Most of the paintings have since been handed off to the Metropolitan Museum of Art down the block, but now that the house’s bones are visible again, it’s clear that it’s a masterpiece in its own right. Architects Warren & Wetmore designed staggered floors to give the unusually high ceilings, and the apartment still retains the original paneling–at least one of which is oil-painted–and stone flooring. The 17th-century Venetian-coffered ceiling in the Great Salon is the best defense of wealthy dilettantism The Observer has seen in a while. 

Slideshow: 1020 Fifth Avenue

realestate@observer.com It’s Free to Look: Fifth Avenue Art Estate [Pics]