New York (Turtle Bay), NY, 10022 | $4,500,000

Low monthlies and exceptional scale define this bright, south-facing duplex penthouse perched atop a well-serviced cooperative in Midtown East. Offering nearly 4, 000 interior square feet and approximately 1, 500 square feet of private outdoor space, Residence PHC delivers true house-like proportions with the ease of white-glove city living. Oversized south-facing windows crowned with skylight-style transoms flood the home with natural light, while oak hardwood floors, dimmable recessed lighting, and thoughtfully separated living spaces create a serene, highly functional flow. Remarkably, despite its central Midtown location, the residence enjoys exceptional quiet and privacy. The main level is designed for elevated entertaining. A generous living room anchored by a wood-burning fireplace connects seamlessly to a flexible adjoining space ideal for a bar, wine display, library, or play area. A house-scale dining room comfortably accommodates large gatherings, while a first-floor bedroom and full bath offer versatility for guests or a private office. A dedicated laundry room with a vented Miele Professional Series washer and dryer, the same grade used in luxury hotels and spas, and abundant storage reinforces everyday practicality. The expansive kitchen centers around a substantial island with banquette seating and features extensive pantry-style storage, custom cabinetry, granite countertops, a Wolf range, Viking hood and Viking wine refrigeration, Sub-Zero refrigerator, and Bosch dishwasher. Designed for real living as much as entertaining, it offers direct access to both the living and dining areas, ensuring a seamless flow. A floating staircase beneath overhead skylights enhances the home’s architectural openness as you ascend to the upper level, where a dramatic wall of glass opens to a massive south-facing terrace that functions as a true outdoor living room. Wired for sound and pre-wired and plumbed for a hot tub, this exceptional outdoor space meaningfully extends the entertaining footprint. Two well-proportioned secondary bedrooms share a double-vanity bathroom, while the primary suite enjoys three exposures and direct terrace access. The suite features an en-suite bath and an oversized walk-in closet, creating a private retreat removed from the entertaining spaces. Additional highlights include two-zone air conditioning, building-supplied heat, integrated interior and exterior sound wiring, the ability to bring the home back to its original five bedroom layout, dedicated basement storage, and daily doorman service from 8am to midnight. A rare opportunity to own a light-filled, flexible penthouse sanctuary with substantial outdoor space and unusually low carrying costs in the heart of Midtown. Offered for the first time in over a decade and owned by only its second owners, this is a truly uncommon Midtown offering.

Features

  • Town: New York
  • Levels: 5
  • Rooms: 8
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 73.58 x 100.42
  • Laundry: Common On Floor,In Unit
  • Year Built: 1979
  • Common Charge: $6,333 Monthly
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20073286
  • Days on Market: 148 days
  • Website: https://www.raveis.com
    /prop/RLS20073286/301e52ndstreet_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Keller Williams NYC   Phone: 212-301-1140

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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New York (Turtle Bay), NY, 10022

$4,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,600,000 $3,600,000 $3,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,440 $21,584 $30,379
Total Monthly Payment $20,565 $21,709 $30,504

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.