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The Park East, 117 East 29th Street, #PHB

$7,500,000 ($3,604 per ft2) | 2 beds, 3 baths | Approx. 2,081 ft2
Building Profile  | 
156 days on Market

Key Details

  • Listed: Jul 19, 2024
    Last Price Change: ($500,000) on Aug 30
    Days on Market: 156
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: PT Doorman
    Listing viewed 118 times
Monthly Common Charges: $3,211
Monthly Real Estate Taxes: $2,948
Total Taxes & Fees: $6,159 ($2.96/ft2)
Est. Monthly Mortgage: $39,838
Total Est. Monthly Carrying Cost: $45,997 ($22.10/ft2)
Note: the above is based on a down payment of 20% ($1,500,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Outdoor Space: The apartment boasts a unique and spacious private terrace with dining and relaxation areas, an outdoor shower, plunge pool/spa, and full bar. The terrace also features a pathway through a 'forest' of 16 birches, 30 speakers throughout, and a large stone-clad gas fireplace.
  • Interior and Layout: The interior of the apartment is just shy of 2100sf with 10 ft ceilings throughout, an open-plan living room and kitchen, and a dining area with easy access to the oversized open kitchen. The apartment includes three bedrooms, three baths, with the primary bedroom having a windowed en-suite bath, an oversized walk-in shower, heated floors, and plenty of closet space.
  • Kitchen Features: The kitchen features exposed shelving on a light stone wall and a top-of-the-line appliance package from Gaggenau.
  • Smart Home Features: The apartment is equipped with smart home features allowing control of access, lighting, shades, HVAC, music, awning, and fireplaces via remote control or smartphone app.
  • Additional Amenities: The apartment comes with a 49sf storage unit in the basement, a washer/dryer, and is in close proximity to Madison Square Park, Eataly, Hillstones on Park Ave and transportation.
  • Location and Building: This apartment is located in the vibrant Flatiron/Union Square neighborhood, in a building that was built in 1920 and converted into a boutique 16-unit condominium in 2007. The building amenities include a recently renovated lobby, a private fitness room, part-time doorman service, central laundry, and private storage.

Description

When the most critical audience of seasoned brokers and photographers all have the same reaction of total awe, you know this is a unique home. The details that make this home awe-inspiring are almost too much to mention but I will try.

Let’s start with the terrace because it is arguably this home’s most outstanding feature. Having built the first-ever database of all known terraced homes in NYC, I have personally reviewed and cataloged 8,565 apartments with private terraces; I understand how unique this one is.

At 1288sf, it is not the largest, but it does top the list in versatility, thanks to its many amenities.

There are two distinct areas for dining and relaxing, separated by a pathway right through a "forest" of 16 birches. This pathway through the birches exemplifies the detail that has gone into every aspect of this rooftop oasis: It hides some of the 30 speakers throughout, and the entire terrace was raised so these trees are planted level with the pathway.

West of birch forest is for relaxation, wet or dry. If you prefer "wet," you can take an outdoor shower or relax in an architecturally significant plunge pool/spa.

With its four-sided infinity edge and an overflow that magically disappears, it is visually stunning, but the remote-controlled cover makes it usable year-round. For dry entertainment, you can relax on a oversized Italian-made sofa designed and upholstered for large yachts. This West side is serviced by a full bar with a dishwasher.

To the East of the birch forest is the dining area.

It has a complete summer kitchen with a Kalamazoo grill and under-counter refrigeration for food and wine. The dining area comfortably seats 10. However, the East of the birches’ focal point is the large stone-clad gas fireplace flanked by mature apple trees (complete with apples).

Two other important components make this exceptional terrace very livable year-round.

- Plenty of shade: The dining and relaxing areas are both covered by custom-made German umbrellas anchored to the sub-framing and specifically engineered to handle high wind velocities, While the summer kitchen can be covered by a remote-controlled retractable awning that completely disappears in the zinc-clad wall when not in use.

- Plenty of privacy: This oasis is surrounded by a 4’ high green "hedge," which provides perfect privacy without diminishing the open feel. Edmund Hollander designed the entire plant palette mainly using native species that can withstand the changing New York seasons; Japanese White Pine, together with bayberry, holly, hydrangea, and clematis, as well as lavender and rosemary, make for a hardy planting with varied texture and color.

This apartment’s interior is as stunning as the terrace, and the attention to detail remains unsurpassed.

At just shy of 2100sf with 10" ft ceilings throughout, the apartment is a comfortably sized three-bedroom, three-bath home. You enter the home through a generous hallway leading to a double-high foyer. The walnut-lined walls of the hallway cleverly hide large closets, laundry, and a full bath.

The foyer gives access to the "stairway to Heaven" and the private and public areas of this penthouse.

The public areas have an open-plan living room and kitchen as well as a cleverly designed dining area with easy access to the oversized open kitchen. The kitchen itself is publication-worthy, with exposed shelving on a light stone wall and a top-of-the-line appliance package from Gaggenau. Past the living room is the entrance to the library, which has a fireplace and a full en-suite bath, making it an excellent guest room.

The private areas on the west side of the home have two bedrooms.

The primary has a windowed en-suite bath, an oversized walk-in shower, heated floors, and plenty of closet space.

Additional details include the HVAC having five zones, twelve 10’ high walnut doors, twelve Art walls, a washer/dryer, and a 49sf storage unit in the basement.
If most homes claim to be a "smart home" when their door unlocks automatically, then this home is a "genius-home". The entire home and terrace (access, lighting, shades, HVAC, music, awning, and FIREPLACES) are controlled via remote control or even a smartphone app. 117 East 29th Street is a small condo loft building with both part-time and virtual doorman, a small gym in the basement, and perfectly located near everything dear

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Apartment Amenities

  • Terrace
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About The Park East, 117 East 29th Street

Building Amenities

  • Conversion Year: 2007
  • Concierge
  • PT Doorman
  • Resident Storage
  • Washer/Dryer in building
  • Fitness Center

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Subways

  1. 6
at Park Ave 0.10 miles
  1. N
  2. R
at Broadway 0.34 miles
  1. M
  2. B
  3. D
  4. F
  5. Q
at 6th Ave 0.49 miles

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