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240 Park Avenue South, #PH

$25,000,000 | 3 beds, 4.5 baths
Building Profile  | 
166 days on Market

Key Details

  • Listed: Jul 8, 2024
    Days on Market: 166
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 368 times
Monthly Common Charges: $6,932
Monthly Real Estate Taxes: $5,019
Total Taxes & Fees: $11,951
Est. Monthly Mortgage: $132,792
Total Est. Monthly Carrying Cost: $144,743
Note: the above is based on a down payment of 20% ($5,000,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Views: Enjoy panoramic views of the Empire State and Chrysler buildings from the comfort of your home. The rooftop pavilion features a 30’ infinity glass pool, multiple seating areas, and 360-degree unobstructed views of the city.
  • Private and Secure: The penthouse offers a private landing area with keyed elevator access. The south-facing Primary Suite comes with a private library, 13.5’ ceilings, and custom millwork.
  • Luxurious Living Space: This triplex penthouse offers a private pool, multilevel roof deck, and an entertainment area complete with a fireplace, wet bar, and enclosed lounge. The expansive Great Room boasts 24’ ceilings and six massive picture windows, while the kitchen features a 17’ long Gra Bla Marble Island and Gaggenau appliances.
  • High-Quality Design: The property features a luxurious marble entryway and high-quality materials throughout. It was designed by renowned architect Charles Gwathmey and completed in 2009.
  • Building Amenities: The building offers a concierge, fitness center, rooftop terrace, outdoor entertainment space, and more. It houses 51 apartments across 17 floors.
  • Convenient Location: Located in the Flatiron/Union Square neighborhood, the property is conveniently close to the subway, making commuting a breeze.

Description

The triplex penthouse offers the most stunning private pool in all of Manhattan - a thirty feet long masterpiece constructed of custom blue Mosaic Bisazza and infinity glass wall. The entire roof of the building was raised to make way for a new mezzanine level addition offering a multilevel roof deck, with exposures on all four sides. The panoramic northern view to the Empire State and Chrysler buildings is as spectacular during the day as it is at sunset, dusk and the dead of night.

An entertainment area with fireplace, wet bar and an enclosed lounge compliments the exquisite rooftop pool to perfection.

Additionally, as you enter the penthouse, a twenty four foot tall, book matched wall of hand selected Green Verdi Alpi Marble imported directly from the Swiss Alps is your first greeting with all the grandeur this penthouse has to offer - just one of the many architectural elements in the home that is unmatched anywhere else in the world.

The luxurious marble entryway is perfectly juxtaposed with the use of steel, stone, leather, wood and glass throughout the home, making for a harmonious pairing of Scandinavian design with the industrial and contemporary ambience of New York City design.

Residence at a Glance:
Upon entering 240 Park Avenue South, a keyed elevator grants entry into a Private Landing area for the Penthouse where a custom, sculptured front door of blackened brass and Cognac lined leather awaits your arrival.

Upon crossing the threshold, the Verdi Marble wall, speckled subtly with flecks of gold leads you to a magnificent and expansive Great Room boasting 24’ ceilings, six massive picture windows, a cleverly placed porthole window looking into the depths of the pool above, a gas fireplace and flat screen TV perfectly hidden behind a piece of artwork.

Thereafter lies the Kitchen with a 17’ long Gra Bla Marble Island and Gaggenau appliances. The kitchen boasts two oversized windows providing dazzling views and unprecedented light.

The private, south facing Primary Suite to the right of entry graciously offers a private Library, 13.5’ ceilings, five expansive windows, custom millwork including a floating master bed as well as a gracious dressing room with oak closets and interior leather detail finishes.

The five fixture Primary Bath contains a white marble Statuario soaking tub, Bisazza tiled double shower stall and double vanity.

From the Great Room, a cantilevered oak and floating glass curved staircase leads first to a Mezzanine Office/Bedroom with a skylight and custom built oak desk.

And finally, as you continue your journey through the penthouse and up the stairs, you enter the glass enclosed indoor/outdoor Rooftop Pavilion featuring a 30’ infinity glass pool doused in custom blue Mosaic Bisazza Tile. The multi-level Roman Travertine paved Rooftop Pavilion offers three separate seating areas, a gas fireplace, wet bar, double wine refrigerators, an indoor/outdoor kitchen, a flat screen TV, outdoor shower and 360 degree unobstructed views of the city.

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Apartment Amenities

  • River View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 240 Park Avenue South

84

240 Park Avenue South has received a CityRealty Rating of 84, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
26
Out of 36
+
24
Out of 39
+
9
=
84
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Pool
  • Washer/Dryer in building
  • Elevator
  • Party Room
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Designed by Charles Gwathmey
  • Fitness center
  • Roof terrace
  • Entertainment suite with Continental breakfasts
  • Rositano carved stone bathroom sinks
  • Miele dishwashers
  • Jet Mist granite kitchen countertops
  • Sub-Zero refrigerators
  • Lobby has perforated leather walls and limestone floor
  • Concierge
  • Doorman
  • Curved corner windows
  • Close to Subway
Cons
  • No balconies
  • No sidewalk landscaping
  • No garage
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Subways

  1. 6
at Park Ave 0.16 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.20 miles
  1. M
  2. F
at 6th Ave 0.41 miles
  1. 1
  2. 2
  3. 3
at 6th Ave and 16th 0.41 miles

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