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400 Park Avenue South, #PH1

$14,500,000 ($3,607 per ft2) | 5 beds, 5.5 baths | Approx. 4,020 ft2
Building Profile  | 
250 days on Market

Key Details

  • Listed: Mar 16, 2024
    Last Price Change: ($250,000) on Nov 17
    Days on Market: 250
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 214 times
Monthly Common Charges: $5,855
Monthly Real Estate Taxes: $7,100
Total Taxes & Fees: $12,955 ($3.22/ft2)
Est. Monthly Mortgage: $76,942
Total Est. Monthly Carrying Cost: $89,897 ($22.36/ft2)
Note: the above is based on a down payment of 20% ($2,900,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spectacular 360-Degree Views: Enjoy breathtaking panoramic views of New York City from this full-floor penthouse, including stunning vistas of Midtown and the East River.
  • Expansive Private Outdoor Space: A remarkable 1,000 sq. ft. terrace offers an exclusive outdoor oasis, perfect for entertaining or relaxing amidst the clouds.
  • Luxurious Master Suite: The master bedroom suite features mesmerizing views, two marble bathrooms, and ample closet space, ensuring a private retreat.
  • High-End Finishes Throughout: The residence boasts oak floors, high ceilings, and floor-to-ceiling windows, complemented by custom-designed Pedini cabinetry and Miele appliances.
  • Full-Service Luxury Amenities: Residents enjoy 24-hour doorman and concierge services, along with access to a swimming pool, fitness center, and beautifully landscaped rooftop terrace.
  • Spacious and Versatile Layout: With five bedrooms and five and a half bathrooms, the layout accommodates both large gatherings and intimate family moments, with additional rooms for various uses.

Description

Introducing Penthouse ONE at the world-renowned 400 Park Avenue South. It is now being offered for resale for the first time since construction.

Boasting spectacular 360-degree views of New York City this absolutely unique, full-floor residence with private outdoor space is located on the top floor of the striking glass high-rise tower designed by Christian de Portzamparc.

This exquisite penthouse is a 4,020 sq.ft. residence with 11 ft. ceilings comprised of a spacious living room, a private exterior terrace of additional 1,000 sq. ft., five bedrooms, five and a half bathrooms.

This fairy tale of a home is nestled on the top floor of this Five-Star luxury condominium that offers a top-notch security with 24 hours staff, concierge and porters.

The living room is perfectly sized to accommodate large, boisterous parties or quiet family gatherings. It then opens into the beautifully designed kitchen and connects all areas of the residence. The master bedroom suite is tucked away in a separate wing of the apartment and features mesmerizing views of Midtown and East River, It also has two marble bathrooms and four closets.

The three other bedrooms are all airy span the Southern side of the property.

Each bedroom features unobstructed City and water views, plenty of closets and en suite bathrooms. The remaining fourth bedroom can easily become a library or as a secondary living room room, or even a formal dining. The 1,000 square foot terrace rests atop clouds and offer breathtaking views, creating an additional outdoor space to be uniquely enjoyed.

The residence has two entrances, allowing an additional access to the bedrooms without passing through the main living room.

There is also a separate laundry room (with a washer and dryer) and an additional pantry room next to the kitchen and the secondary entrance.

The apartment features high-end finishes, oak floors, high ceilings, floor-to-ceiling windows, ample closet space, and marble bathrooms. The kitchen features custom-designed Pedini glass-faced cabinetry, quartzite countertops, and Miele appliances.

There are marble countertops and heated limestone floors in the bathrooms.

This five-star, full-service condominium offers unparalleled service to its residents: 24-hour doorman and concierge, and very attentive staff. The residence of the condominium can also enjoy its swimming pool, sauna, steam room, fitness center, virtual golf, spinning studio, yoga room, screening room, private storage, lounge and beautifully landscaped 27th-floor terrace.

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Apartment Amenities

  • City View
  • River View
Listing courtesy of Ostrov Realty Group Limited

Pricing History

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About 400 Park Avenue South

88

400 Park Avenue South has received a CityRealty Rating of 88, 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

31
Out of 44
+
27
Out of 36
+
20
Out of 39
+
10
=
88
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 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:
Attractive / Pleasant 3 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:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 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:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 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:
None 0 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:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • Courtyard
  • Bike Room
  • LEED Accreditation
  • Live-In Superintendent
  • Screening Room
  • Spa / Therapy Room
  • Terraces / Balconies

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Pros
  • Architectural masterpiece by Christian de Portzamparc
  • Close to Madison Square Park
  • Good public transportation
  • 81 condos and 269 rental apartments
  • Doorman
  • Concierge
  • Health club with swimming pool
  • Striking silhouette
  • Close to Subway
Cons
  • Many apartments
  • No garage
  • No balconies
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Subways

  1. 6
at Park Ave 0.02 miles
  1. N
  2. R
at Broadway 0.28 miles
  1. M
  2. F
at 6th Ave 0.44 miles

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