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Tag: Manhattan real estate

  • Inside A $7.2 Million High-Rise Residence Near Madison Square Park With Manhattan Skyline Views

    Inside A $7.2 Million High-Rise Residence Near Madison Square Park With Manhattan Skyline Views

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    In the late 19th century, Manhattan’s elite lived largely in tony brownstones around Madison Square Park. The neighborhood remains a hot address, with a glass skyscraper redefining luxury living near the historic 6.2-acre green space.

    There are just 83 condominiums, two per floor, at the glass-walled Madison Square Park Tower at 45 East 22nd Street. The Midtown building, completed in 2017, has a granite base (to match the period buildings at street level) and widens as it rises 777 feet into the air.

    Now one of the residences, 46-A, is on the market for $7.2 million.

    At this residence with a semi-private elevator, floor-to-ceiling glass walls deliver 360-degree city views 24/7. The home’s 32-foot corner great room with 10-foot ceilings looks out on landmarks like the Empire State Building, Chrysler Building, Flatiron Building, clock tower at 1 Madison Avenue, Hudson River and more. The open-plan design of the room consists of a living room that flows to the dining area and the kitchen, which showcases custom cabinetry designed by Molteni and appliances by Sub-Zero and Miele.

    The 2,490-square-foot home contains three bedrooms. The primary bedroom, which has panoramas of downtown and the Hudson River, and two others have en suite bathrooms. Each bathroom is outfitted with an oversized shower, double vanity, radiant heated floors and soaking tub located near windows. There’s also a laundry area and a wet bar.

    Lifestyle amenities at the tower include a fitness center, playroom for children, library and club on the 54th floor with city views.

    The building was designed by Kohn Pedersen Fox and Golden, and Hill West Architects. Interiors were designed by Stockholm-born Martin Brudnizki’s team.

    Listing agent Chris Fry sees a potential buyer as “either a small family or a step-down couple looking for spectacular views,” he said in an email. “I would highly recommend a night showing to appreciate the panorama.”

    Madison Square Park was inhabited by the Lenape people in the 1600s. By 1811, it was the largest public space in Manhattan. A century later, the park displayed the first public Christmas tree in the United States The park, with a public garden, playground, open-air museum and dog park, offers city dwellers a sanctuary within Manhattan.

    Chris Fry of Elegran is the listing agent.

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    Mary Forgione, Contributor

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  • Central Park Views And Celebrity Neighbors Are Highlights Of This NYC Condo

    Central Park Views And Celebrity Neighbors Are Highlights Of This NYC Condo

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    A two-bedroom condo in famed architect Robert A.M. Stern’s celebrity-filled 15 Central Park West takes in panoramic views of the park.

    The apartment sits on the 27th floor of “the Tower” of the two-building complex, overlooking the iconic green space and the Manhattan skyline that borders it.

    The building was constructed in the mid-2000s and has been home to numerous celebrities and public figures, including actors Denzel Washington and Robert De Niro, musician Sting, baseball player Alex Rodriguez and former Goldman Sachs CEO Lloyd Blankfein.

    While the building is relatively new, its limestone facade was sourced from the same quarry as the Empire State Building and the New Classical style complements its neighbors on the iconic street. It also has a long list of amenities, including a 75-foot pool, 14,000-square-foot fitness center, basement wine cellar with tasting bar and 20-seat screening room.

    The unit features 11-foot ceilings and tall windows that frame the protected view. The more than 2,300 square feet of space includes two large en-suite bedrooms and a half bathroom. The master bedroom has a large walk-in closet outfitted with shelving and inset lighting, along with a modern light fixture.

    “It’s the ideal pied-à-terre,” says listing agent Thomas Duger of Elegran.

    Duger noted that the position toward the middle of the 43-story tower provides a great vantage point.

    “Sometimes, when you’re too high up, you lose perspective of the park,” Duger shares.

    The current owners have renovated the apartment, and finishes include light-colored herringbone wood floors, detailed moldings and a half bathroom with a full slab of onyx marble.

    “To have a new-ish condo in a building of this nature, there’s nothing like it,” Duger says.

    The apartment was recently listed for $13.5 million.

    The building is in the center of cultural life in Manhattan, close to Broadway theaters and Lincoln Center, and blocks from the Museum of Modern Art and the American Museum of Natural History.

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    Lisa Chamoff, Contributor

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  • Market Comparison: What $3 Million-10 Million Buys In Manhattan

    Market Comparison: What $3 Million-10 Million Buys In Manhattan

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    We are all familiar with the saying that when it comes to making an investment in real estate: it’s all about location, location, location. In addition to finding a home that is conveniently located smack dab in the city, high-net-worth buyers today are also seeking well-appointed homes that come with all the comforts of modern living in 2022.

    From incredible city views to lavish amenities designed to spoil you, here’s a look at three spectacular Manhattan homes that offer both unprecedented luxury and unparalleled convenience.

    Spectacular City Views of the Lower East Side

    This luxurious 1,595-square-foot Manhattan condo offers a taste of modern living with its stunning finishes. From the soaring 12-foot concrete ceilings to the stunning white oak floors, the spacious interior boasts a flexible open floor plan. Designed as a split two-bedroom, you could convert this easily into a three-bedroom home if you needed some extra space. The oversized industrial-style windows throughout the unit let in an abundance of natural light during the day and offer spectacular skyline views of the city at night.

    The gourmet kitchen features high-end appliances, a wine fridge and a gorgeous Nero Marquina marble backsplash. A nearby primary suite features Blue de Savoie marble floors in the bathroom, a European walnut double sink vanity and a Bianco Dolomiti marble shower. The private 197-square-foot terrace is the perfect spot to soak in city living.

    Located on the Lower East Side, the 89-unit building features an Equinox fitness center on the main level along with a 4,300-square-foot rooftop terrace that has two outdoor kitchens. There is also a 24-hour concierge on the first floor.

    Price: $3,690,000

    Beds/Baths: 3/2.5

    Square footage: 1,595

    Represented by: Mick Distasio and John Dugan, Elegran

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    Modernized Historic Home on Bowery

    This impressive two-level residence was completely renovated in 2018 to pave the way for a modern minimalist style. The open floor plan now boasts soaring ceilings, oversized windows, exposed brick walls and gorgeous hardwood floors. On the upper level, you will find a gourmet chef’s kitchen with an oversized center island, cozy breakfast bar, lots of custom cabinetry for storage and stone countertops. There is a spacious dining room and living room on this level as well.

    From here, you can access the partially covered outdoor trellis that would be ideal to enjoy al fresco dining. The three bedrooms can be found on the lower level. A gorgeous primary suite boasts a sitting area, wood-burning fireplace, dual built-in closets and a recently renovated bathroom with a soaking tub and walk-in shower.

    Located in Manhattan’s Lower East Side, 259 Bowery is a six-story building that was built in 1910 and converted to condos in 1999. Just steps from restaurants, cafes and shops, the spacious condo also offers a beautiful outdoor terrace and a keyed elevator to easily transport you to each level of the home.

    Price: $5,999,000

    Beds/Baths: 3/3

    Square footage: 3,700

    Represented by: David Ghoneim and Vincent Pergola, Elegran

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    High Profile on Fifth Ave

    From the Chevron pattern floors and custom millwork to the 2,000-square-foot private wing with a spa-inspired primary bathroom, every luxurious detail was considered when it came to shaping this designer-done residence at 212 Fifth Avenue in Manhattan. The bright and spacious home features soaring ceilings more than 11 feet high while a grand kitchen boasts a minimalist design, high-end appliances and a large marble island with seating for up to six. Even the stylish bathrooms here offer breathtaking city views from the oversized windows that you can enjoy from a soaking tub.

    Located in Flatiron/Union Square, the 48-unit, neo-Gothic building was recently converted into residences that now offer a 24-hour concierge, a Jay Wright-designed fitness center, a yoga studio, a golf simulator, an entertainment room for the kids and a resident lounge. Originally built as a manufacturing building in the early 1900s, this prewar stalwart is located in the northwest corner of Madison Square Park and steps to an abundance of nearby shops and restaurants. Private storage space is also included.

    Price: $10,250,000

    Beds/Baths: 3/3.5

    Square footage: 3,078

    Represented by: Nick Montalbano and Ashley Reidy, Elegran

    Manhattan Market Update

    In recent months, the Manhattan market saw a slight cooling in September but remains stronger overall when compared with historical averages, according to an October 2022 market report from top New York-based brokerage Elegran. The report notes “that for the past four months, Manhattan’s contract volume has been at or very near parity with the historical average, which is a victorious headline given that ^GSPC (the S&P 500 index) ended September down 25% YTD and mortgage rates ended September higher by 100% YTD.”

    With rising interest rates, a volatile stock market and threats looming about a recession, what does that mean for buyers and investors? The good news for buyers is that as market competition lessened over the summer, the fall months offer increased opportunities for negotiation considerations and decreased bidding wars. For investors and homebuyers alike, locations like Manhattan remain a sound investment spot “as a low volatility hard asset


    Elegran is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes. Search more luxury listings here.

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    Kellie Speed, Contributor

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