La Maison (Photos credit of Warburg Realty)
Recently topped-out supertalls such as Central Park Tower and 111 West 57th Street command attention of the Midtown real estate market, yet action is also afoot at the foothills of the skyscraper mountains. A number of new and in-progress mid-rise luxury condos are proliferating across Midtown East, such as La Maison, a six-story, roughly year-old condo at 323 East 52nd Street between First and Second avenues, which holds just four unit and offers townhouse-style condo living starting at $1.692 million.
A maisonette, a multi-levellower-floor unit, often with its own entrance, is a cherished New York tradition that dates back to some of the city’s earliest luxury apartment buildings. At La Maison, the Maisonette spans the first and second floors as well as part of the cellar level, and comes with three bedrooms (four if the ground floor den is converted), upper and lower-level living rooms (each with a fireplace), a rear-facing balcony, and a two-level backyard with an outdoor kitchen, accommodations for a hot tub, and a shaded lower-level seating alcove. The Maisonette is listed for $4.425 million.
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Two floor-spanning, two-bedroom apartments occupy floors three and four. Like the maisonette, these units also come with floor-to-ceiling windows, French-engineered oak flooring, washers/dryers, in-unit elevator access, and rear balconies. Residence 2 (3rd floor) runs for $1.695 million, while Residence 3 above is available for $1.849M.
The Penthouse is reminiscent of the Maisonette, albeit located at the top of the building rather than at the bottom. The two share many features: two-plus levels, spiral staircases, balconies, direct elevator access, outdoor space, washers/dryers, and more; compared to the Maisonette, the Penthouse has one more balcony. Even the outdoor space is comparable (dining areas, hot tub pre-wiring, etc), but while the space at the former sits within the rear yard, at the latter it occupies most of the roof level, which opens onto immersive, 360-degree views of the surrounding Midtown skyline.
The penthouse plan
The Maisonette floor plan
In all, the four distinct yet similar apartments net an average of $1,627 per square foot, below the Midtown East median condo rate of $1,878/sq ft, which is understandable since the neighborhood includes Sutton Place and the eastern half of Billionaires Row, some of the city’s most prestigious residential enclaves. Just as stately Turtle Bay just to the south shares more with the building’s quiet block, so does that neighborhood’s condo median of $1,670 per square foot.
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