117 East 29th Street, #PHB, New York (Flatiron District), NY, 10016 | $25,000

When the most critical audience of seasoned brokers and photographers all have the same reaction of total awe, you know this is a unique home. The details that make this home awe-inspiring are almost too much to mention but I will try.

Let's start with the terrace because it is arguably this home's most outstanding feature. Having built the first-ever database of all known terraced homes in NYC, I have personally reviewed and cataloged 8, 565 apartments with private terraces; I understand how unique this one is.

At 1288sf, it is not the largest, but it does top the list in versatility, thanks to its many amenities. There are two distinct areas for dining and relaxing, separated by a pathway right through a "forest" of 16 birches. This pathway through the birches exemplifies the detail that has gone into every aspect of this rooftop oasis: It hides some of the 30 speakers throughout, and the entire terrace was raised so these trees are planted level with the pathway.

West of birch forest is for relaxation, wet or dry. If you prefer "wet, " you can take an outdoor shower or relax in an architecturally significant plunge pool/spa. With its four-sided infinity edge and an overflow that magically disappears, it is visually stunning, but the remote-controlled cover makes it usable year-round. For dry entertainment, you can relax on a oversized Italian-made sofa designed and upholstered for large yachts. This West side is serviced by a full bar with a dishwasher.

To the East of the birch forest is the dining area. It has a complete summer kitchen with a Kalamazoo grill and under-counter refrigeration for food and wine. The dining area comfortably seats 10. However, the East of the birches' focal point is the large stone-clad gas fireplace flanked by mature apple trees (complete with apples).

Two other important components make this exceptional terrace very livable year-round.

- Plenty of shade: The dining and relaxing areas are both covered by custom-made German umbrellas anchored to the sub-framing and specifically engineered to handle high wind velocities, While the summer kitchen can be covered by a remote-controlled retractable awning that completely disappears in the zinc-clad wall when not in use.

- Plenty of privacy: This oasis is surrounded by a 4' high green "hedge, " which provides perfect privacy without diminishing the open feel. Edmund Hollander designed the entire plant palette mainly using native species that can withstand the changing New York seasons; Japanese White Pine, together with bayberry, holly, hydrangea, and clematis, as well as lavender and rosemary, make for a hardy planting with varied texture and color.

This apartment's interior is as stunning as the terrace, and the attention to detail remains unsurpassed. At just shy of 2100sf with 10" ft ceilings throughout, the apartment is a comfortably sized three-bedroom, three-bath home. You enter the home through a generous hallway leading to a double-high foyer. The walnut-lined walls of the hallway cleverly hide large closets, laundry, and a full bath. The foyer gives access to the "stairway to Heaven" and the private and public areas of this penthouse.

The public areas have an open-plan living room and kitchen as well as a cleverly designed dining area with easy access to the oversized open kitchen. The kitchen itself is publication-worthy, with exposed shelving on a light stone wall and a top-of-the-line appliance package from Gaggenau. Past the living room is the entrance to the library, which has a fireplace and a full en-suite bath, making it an excellent guest room.

The private areas on the west side of the home have two bedrooms. The primary has a windowed en-suite bath, an oversized walk-in shower, heated floors, and plenty of closet space.

Additional details include the HVAC having five zones, twelve 10' high walnut doors, twelve Art walls, a washer/dryer, and a 49sf storage unit in the basement.
If most homes claim to be a "smart home" when their door unlocks automatically, then this home is a "genius-home". The entire home and terrace (access, lighting, shades, HVAC, music, awning, and FIREPLACES) are controlled via remote control or even a smartphone app. 117 East 29th Street is a small condo loft building with both part-time and virtual doorman, a small gym in the basement, and perfectly located near everything dear

Features

  • Type: Condo
  • Town: New York
  • Amenities: Fitness Room; Laundry Room; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 3 full
  • Year Built: 1920
  • Cooling: Unknown Type
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Part Time Doorman
  • LobbyAttendant: No
  • OLR#: RPLU21923099640
  • Days on Market: 128 days
  • Website: https://www.raveis.com
    /prop/RPLU21923099640/117east29thstreet_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 Brown Harris Stevens Residential Sales LLC

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NMLS Mortgage Loan Originator ID 1880936

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117 East 29th Street, #PHB, New York (Flatiron District), NY, 10016

$25,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $20,000 $20,000 $20,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $133 $133 $171
Total Monthly Payment $208 $208 $246

* 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.