240 Park Avenue South, #PH, New York (Flatiron District), NY, 10003 | $25,000,000

The triplex penthouse offers the most stunning private pool in all of Manhattan - a thirty feet long masterpiece constructed of custom blue Mosaic Bisazza and infinity glass wall. The entire roof of the building was raised to make way for a new mezzanine level addition offering a multilevel roof deck, with exposures on all four sides. The panoramic northern view to the Empire State and Chrysler buildings is as spectacular during the day as it is at sunset, dusk and the dead of night. An entertainment area with fireplace, wet bar and an enclosed lounge compliments the exquisite rooftop pool to perfection.

Additionally, as you enter the penthouse, a twenty four foot tall, book matched wall of hand selected Green Verdi Alpi Marble imported directly from the Swiss Alps is your first greeting with all the grandeur this penthouse has to offer - just one of the many architectural elements in the home that is unmatched anywhere else in the world.

The luxurious marble entryway is perfectly juxtaposed with the use of steel, stone, leather, wood and glass throughout the home, making for a harmonious pairing of Scandinavian design with the industrial and contemporary ambience of New York City design.

Residence at a Glance:
Upon entering 240 Park Avenue South, a keyed elevator grants entry into a Private Landing area for the Penthouse where a custom, sculptured front door of blackened brass and Cognac lined leather awaits your arrival.

Upon crossing the threshold, the Verdi Marble wall, speckled subtly with flecks of gold leads you to a magnificent and expansive Great Room boasting 24' ceilings, six massive picture windows, a cleverly placed porthole window looking into the depths of the pool above, a gas fireplace and flat screen TV perfectly hidden behind a piece of artwork.

Thereafter lies the Kitchen with a 17' long Gra Bla Marble Island and Gaggenau appliances. The kitchen boasts two oversized windows providing dazzling views and unprecedented light.

The private, south facing Primary Suite to the right of entry graciously offers a private Library, 13. 5' ceilings, five expansive windows, custom millwork including a floating master bed as well as a gracious dressing room with oak closets and interior leather detail finishes.

The five fixture Primary Bath contains a white marble Statuario soaking tub, Bisazza tiled double shower stall and double vanity.

From the Great Room, a cantilevered oak and floating glass curved staircase leads first to a Mezzanine Office/Bedroom with a skylight and custom built oak desk.

And finally, as you continue your journey through the penthouse and up the stairs, you enter the glass enclosed indoor/outdoor Rooftop Pavilion featuring a 30' infinity glass pool doused in custom blue Mosaic Bisazza Tile. The multi-level Roman Travertine paved Rooftop Pavilion offers three separate seating areas, a gas fireplace, wet bar, double wine refrigerators, an indoor/outdoor kitchen, a flat screen TV, outdoor shower and 360 degree unobstructed views of the city.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 18
  • Amenities: Bike Room; Courtyard; Fitness Room; Sauna; Laundry Room; Nursery; Lounge; Party Room; Cold Storage;
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Year Built: 2007
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123093312
  • Days on Market: 129 days
  • Website: https://www.raveis.com
    /prop/RPLU5123093312/240parkavenuesouth_newyork_ny?source=qrflyer
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

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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240 Park Avenue South, #PH, New York (Flatiron District), NY, 10003

$25,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $20,000,000 $20,000,000 $20,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $113,558 $123,143 $166,082
Total Monthly Payment $113,683 $123,268 $166,207

* 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.