240 Park Avenue South, Unit PH17

$16,995,000
Price
3
Beds
3
Baths
1
1/2 Bath
3,900 Sq. Ft.
$4,358 / Sq. Ft.
3,900
Sq. Ft.
$4,358
per Sq. Ft.

Description

Penthouse 17 at 240 Park Avenue South is a glamorous and elegant home boasting striking views, unparalleled high-end designer finishes and a perfect layout. Able to impress the most discerning audience, this bespoke residence is truly an entertainer’s dream! Located in the heart of the Flatiron district and towering over Gramercy Park, the penthouse was painstakingly hand-crafted by B Five Studio in conjunction with Silver Rail Construction.
Featuring Italian porcelain floors and custom hand-applied
...Penthouse 17 at 240 Park Avenue South is a glamorous and elegant home boasting striking views, unparalleled high-end designer finishes and a perfect layout. Able to impress the most discerning audience, this bespoke residence is truly an entertainer’s dream! Located in the heart of the Flatiron district and towering over Gramercy Park, the penthouse was painstakingly hand-crafted by B Five Studio in conjunction with Silver Rail Construction.

Featuring Italian porcelain floors and custom hand-applied plaster walls with humidification and radiant in-floor and in-wall heat throughout. The residence is accessed through a keyed elevator landing with a private entrance gallery with large art walls and art lighting.

The stunning great room features a gas fireplace with limestone surround and built-in state of the art audio and lighting controlled by Crestron. The living room includes a large dining area, dry bar, and views of Gramercy Park, the Chrysler and Empire State Buildings through a series of giant fenestrations and museum glass UV protected floor to ceiling windows. The Penthouse has a private elevator gallery, 12-foot custom mold ceilings, three bedrooms, three bathrooms, a powder room, living room, dining room, eat-in kitchen, pantry, laundry room, home office, and dedicated HVAC and AV rooms.

The eat-in kitchen is equipped with electrically operated upper cabinets and stainless-steel base cabinets by Eggersmann, a German high-end maker. The large Caesarstone island offers a sink, plenty of storage space, and seating area. Appliances include a Wolf gas range with commercial external exhaust, Miele oven, speed-oven/convection, commercial dishwasher, residential dishwasher, steamer, and coffee/espresso maker. The kitchen also offers appliances from SubZero including a 48” refrigerator/freezer, and a stand-alone wine cooler.

The master bedroom is flooded with sunlight and sunset views from the oversized floor-to-ceiling windows, and features two closets, an en-suite master bathroom with Olympic Gray marble walls, Dornbracht fixtures, double vanity, TV in mirror, deep soaking tub, separate double shower, and a master dressing room. The second bedroom also offers incredible views, ample closet space and an en-suite bathroom with glass stall shower and decorative tiled walls. The third bedroom boasts city views from its three windows and currently serves as a media room. All three of the bedrooms have an additional layer of acoustic material in the windows and Lutron electric solar blackout shades. Just off the third bedroom is a home office with space for multiple workstations and Panasonic commercial telephone system with three central office lines and direct line from lobby.

The Penthouse has a laundry room which includes full-size LG washing machine and dryer with external exhaust, Crestron system with several dozen speakers including sub-woofers in every room, four Lutron Grafik Eye panels to control lighting in main rooms. The apartment also has its own 208 volt, 3-phase commercial power with direct ConEd meter, commercial grade WiFi with Time Warner and Verizon FIOS service. The HVAC system includes hydronic radiant heat that runs through the floors and walls (around each window) and is controlled by seven zones. The apartment creates its own heating and cooling with a variable refrigerant state of the art system. There are four air conditioning and forced air heat zones with a fifth zone of air conditioning for the electrical closet.

Five-star amenities and a vibrant downtown location nestled between Gramercy, Union Square and Madison Square Park make 240 Park Avenue South the ultimate living experience. Amenities include 24-hour concierge and doorman, live in super, brand new 1,500 square foot fitness room, children's playroom, and basketball court.

Listing Agent

  1. James Augustine

    James Augustine

    Alternative Listing Agent

    Compass

Amenities

  • Penthouse
  • Full-Time Doorman
  • Concierge
  • Park Views
  • City Views
  • Common Roof Deck
  • Common Garden
  • Common Outdoor Space

Location

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LISTING UPDATED: 09/25/2023 04:50 PM

Property Details for 240 Park Avenue South, Unit PH17

StatusPermanently Off Market
Days on Market699
Taxes$6,331 / month
Common Charges$6,725 / month
Min. Down Pymt-
Total Rooms6.0
Compass TypeCondo
MLS TypeCondominium
Year Built2007
CountyNew York County

Building

240 Park Ave S

48 Units17 StoriesBuilt in 2007

Location

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Virtual Tour

Building Information for 240 Park Avenue South, Unit PH17

Building/Complex240 Park Ave SFloor17Stories17Residences48Pet PolicyAllowedYear Built2007Building AgePost-warBuilding TypeMidrise

Payment Calculator

$105,805 per month

30 year fixed, 7.25% Interest

Principal and Interest

$92,749

Property Taxes

$6,331

Maintenance/Common Charges

$6,725

The Payment Calculator is for illustrative purposes only.

Property History for 240 Park Avenue South, Unit PH17

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 240 Park Avenue South, Unit PH17

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Sixth Avenue Elementary School
PublicPK to 5

Jhs 104 Simon Baruch
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.