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Milan, 300 East 55th Street, #PHC

$6,250,000 ($2,342 per ft2) | 3 beds, 3.5 baths | Approx. 2,669 ft2
Building Profile  | 
34 days on Market

Key Details

  • Listed: Oct 18, 2024
    Days on Market: 34
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 116 times
Monthly Common Charges: $3,799
Monthly Real Estate Taxes: $5,953
Total Taxes & Fees: $9,752 ($3.65/ft2)
Est. Monthly Mortgage: $37,310
Total Est. Monthly Carrying Cost: $47,062 ($17.63/ft2)
Note: the above is based on a down payment of 10% ($625,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This property is located in the heart of Midtown East, close to trendy restaurants, shops, Whole Foods, Trader Joes, major transportation, Fifth Avenue and Central Park.
  • Stunning Views and Outdoor Space: The apartment offers unparalleled 360-degree views of the East River, Manhattan city and skyline, and iconic buildings, along with over 400sf of outdoor space with two ideally sized terraces.
  • Luxurious Interiors: The apartment features a high-end kitchen with European cabinetry, stone countertops, and top-tier appliances, 3 large bedrooms with en-suite bathrooms, a massive primary suite with 2 spacious walk-in closets, a gas fireplace, and a separate cozy sitting area, and a luxurious primary bathroom with waterworks fixtures, a deep soaking tub, a separate large shower stall, double sink vanity, and extra storage.
  • Additional Features: The property also includes a powder room, a wet bar, beautiful millwork, hardwood floors, vented washer dryer, motorized shades, central A/C, year-round climate control, custom outfitted closets and Waterworks fixtures in all bathrooms.
  • Building Amenities and Reputation: The building, which has been featured in major sitcoms and movies, offers a resident manager, peaceful bamboo garden, stone lobby, private fitness center, parking garage, bicycle room, storage and is pet friendly. It also includes an attended lobby, concierge, full service garage, garden, health club, rooftop terrace, washer/dryer in building, fitness center, on-site parking, outdoor entertainment space, courtyard, in-unit washer/dryer, bike room, fireplaces, live-in superintendent, and terraces/balconies.
  • Tax Benefits and Building Information: Taxes may be reduced by 17% if this is a primary residence. The building was built in 2004 and has 118 apartments across 32 floors.

Description

PHC offers unparalleled jaw -dropping 360-degree views of the East River, the Manhattan city and skyline and iconic views of the Chrysler building, Empire State building and the 59th Street Bridge. This Impeccable designed and elegant corner 3 bedroom, 3.5-bathroom, with approximately 2700 square foot of interior and over 400sf of outdoor space (where the Wolf of Wall Street was filmed,) and boasting 11-foot ceilings, this residence provides an extraordinary lifestyle. From the moment you enter, a foyer gallery leads to a dramatic and expansive living and dining room, bathed in light lined by floor to ceiling windows, and two amazing ideally sized terraces that extend the entertainment space outdoors; providing indoor- outdoor living.

The southeast terrace offers breathtaking views of the East River to Long Island, Brooklyn Bridge, Downtown and the City Skyline. Adjacent to the living room, the elegant dining area opens onto a northeast facing terrace framing the 59th Street bridge, the New York Harbor and the East River. Imagine everyday experiencing sunrise, sunset and dazzling lights of the city and the Manhattan skyline.

The eat-in kitchen, designed for both functionality and aesthetic appeal, connects directly to the east terrace.

European cabinetry, stone countertops, high-end appliances, center island, pantry and custom storage are some of the many fine attributes. This layout provides a serene spot for morning coffee, tea and pastries.

The private bedroom wing has 3 large bedrooms, 3 well-appointed en-suite bathrooms for privacy and comfort, a plethora of storage and outfitted closets.

The massive primary suite has 2 spacious walk-in closets, plus an additional closet, a gas fireplace and a separate cozy sitting area. The luxurious windowed, 5 fixture serene spa Bianco marble and limestone bathroom offers waterworks fixtures, a deep soaking tub, a separate large shower stall, double sink vanity, and extra storage.

To add to the comfort and ease of living, some additional notable attributes are a lovely powder room, a wet bar, beautiful mill work, hardwood floors, vented washer dryer, motorized shades, central A/C, year-round climate control, custom outfitted closets and Waterworks fixtures in all bathrooms.

The Milan offers discreet impeccable services including a resident manager, peaceful bamboo garden, stone lobby, private fitness center, parking garage, bicycle room, storage and pet friendly.

Highly regarded as one of New York’s premier building, and featured in major sitcoms and movies (Wolf of Wall Street, Larry David, Gossip Girl, Blue Bloods, etc.) this home works for a full time residence, your pied a terre in NYC, or as a high incoming producing rental. Prime Midtown East convenient to the new amazing east river promenade, trendy restaurants, shops, Whole Foods, Trader Joes, major transportation, Fifth Avenue and Central Park. TAXES MAY BE REDUCED BY 17% if this is a primary residence.

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Apartment Amenities

  • City View
  • River View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Milan, 300 East 55th Street

80

Milan, 300 East 55th Street has received a CityRealty Rating of 80, 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
+
24
Out of 36
+
16
Out of 39
+
9
=
80
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 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:
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:
Free Standing 2 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 20 blocks 4 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:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 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:
More than 6 Short Blocks 0 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:
Quite Stylish 3 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 1 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 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:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Handsome attended marble and carved wood lobby
  • Building is pre-wired for high speed internet and cable access
  • All units feature custom climate control and electronic security
  • Around-the-clock doorman- concierge and valet
  • European-style fitness center
  • Double height atrium and club room with state-of-the-art business facilities
  • Bamboo garden designed by renowned landscaped architect- Ken Smith
  • Close to Subway
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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.16 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at Lexington Ave and 60th 0.35 miles
  1. F
at Lexington Ave and 63rd 0.48 miles

Aerial Imagery

 

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