New York (Flatiron), NY, 10003 | $2,695,000

Welcome to PH-12C, a rare and sun-drenched sanctuary perched at the very top of one of Park Avenue South's most storied addresses. As one of only five exclusive units of its kind in the building, this penthouse offers a sophisticated blend of soaring architectural volume and a truly hidden outdoor retreat. The residence carries a unique New York pedigree, having served for several years as the home of a legendary, multi-award-winning icon of the Broadway stage-adding a layer of creative history to an already exceptional space.

From the moment you enter, the scale of the home is immediate, defined by dramatic 11'4" ceilings and a southern exposure that pours natural light through four massive oversized windows. The renovation is seamless and high-end, featuring brand-new hardwood floors that lead you into a sleek, modern kitchen outfitted with premium stainless steel appliances and cabenitry. With two oversized bathrooms and an abundance of integrated storage, the layout is as functional as it is airy.

The crown jewel of the residence is the private outdoor space-a completely secluded oasis tucked away from the city's hustle. Rather than competing with the skyline, this "outdoor room" is a private sanctuary surrounded by lush, curated specimen plantings. Outfitted with its own grill, it is the perfect setting for quiet al fresco dining or hosting intimate gatherings in total privacy.

Life here is exceptionally convenient and secure. The building features high-security, electronically keyed elevator access via the Butterfly system and a virtual doorman, all supported by the attentive care of a live-in building manager. While there is a complimentary shared laundry room, the co-op uniquely permits you to install your own private washer and dryer within the unit, and there is ample room to do so. You'll also find the rare perk of shared common storage located right on every floor, along with a landscaped common roof garden.

Beyond the front door, you are at the vibrant intersection of Gramercy and Flatiron . You are just one block north of Union Square and its world-famous Greenmarket, surrounded by the city's finest dining and shopping. With superb public transportation options just minutes from your door, this penthouse offers a peaceful, elevated lifestyle in the absolute heart of Manhattan.

Features

  • Town: New York
  • Cooling: Window Unit(s)
  • Levels: 12
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common On Floor
  • Year Built: 1910
  • Common Charge: $3,771 Monthly
  • View: City Lights,City
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20084949
  • Days on Market: 40 days
  • Website: https://www.raveis.com
    /prop/RLS20084949/222parkavenues_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
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 Douglas Elliman Real Estate   Phone: (212) 891-7000

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Flatiron), NY, 10003

$2,695,000

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 $2,156,000 $2,156,000 $2,156,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,073 $13,100 $18,048
Total Monthly Payment $12,198 $13,225 $18,173

* 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.