The Parkwood, 31 East 28th Street, #PHE
$4,000,000
($1,632 per ft2)
| 3 beds, 3 baths | Approx. 2,451 ft2
91 days on Market
Key Details
-
Listed: Feb 8, 2024Days on Market: 91Building Type: CondominiumNeighborhood: Flatiron/Union Square (Manhattan)Doorman: FT Doorman
Monthly Common Charges:
$3,001
Monthly Real Estate Taxes:
$3,575
Total Taxes & Fees:
$6,576
($2.68/ft2)
Est. Monthly Mortgage:
$21,808
Mortgage calculator
Total Est. Monthly Carrying Cost:
$28,384
($11.58/ft2)
Note: the above is based on a down payment of 20% ($800,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Location: Situated in the desirable Flatiron/Union Square neighborhood, this property is in close proximity to notable locations such as Madison Square Park, The Clocktower, Gansevoort Park Hotel, Park South Hotel, Eleven Madison Ave, Eataly, Whole Foods, Sweetgreen, and Flywheel. It's also conveniently located near major corporate offices, transportation hubs, and the subway for easy commuting.
- Building Features: The building is a 22-unit prewar condo built in 1913 and converted from a commercial building to a residential condominium in 2006. It has 21 apartments and 12 floors, providing a sense of exclusivity. The building amenities include a full-time doorman, part-time doorman, central AC, rooftop terrace, washer/dryer in the building, elevator, roof deck, and storage facilities.
- Residence Features: This is the largest residence in the building, offering sophistication, privacy, and discretion. It features a private rooftop terrace, balcony, and an abundance of natural light provided by the skylight, atrium windows, and 11’ ceilings.
- Private Spaces: The apartment includes a private elevator landing and gracious foyer. The spacious primary bedroom suite comes with a private balcony.
- Versatile Penthouse Level: The penthouse level can be reconfigured as the primary bedroom suite or utilized as a media room, offering flexibility to suit your lifestyle.
- Amenities: The apartment amenities include a terrace, city view, and balcony, enhancing the living experience in this prime location.
Description
Welcome to PHE - the Crown Jewel of The Parkwood. The duplex penthouse is the largest residence in the building, offering sophistication, privacy, and discretion to the discerning buyer.
The expansive penthouse features a private rooftop terrace, balcony (off the primary bedroom), skylight, atrium windows, and 11’ ceilings. Upon entering the residence through the private elevator landing, one is welcomed by a gracious foyer that sets the stage for the luxurious living space.
The south side of the residence is anchored by a Great Room measuring 21’ x 20’. The room an abundance of sunlight from both south and east exposures. The windowed kitchen boasts lightly used and top-of-the-line appliances (pied-a-terre owners).
The north side of the penthouse is connected by a 30’ gallery which includes a new Bosch washer dryer. The spacious primary bedroom suite features a private balcony offering east and west exposures.
The pi ce de r sistance is the penthouse level which is highlighted by an impressive skylight and atrium windows along with a private rooftop terrace measuring approximately 12’ x 22’. This level can be reconfigured as the primary bedroom suite or utilized as a media room.
The Parkwood is a 22-unit prewar condo built in 1913 with full-time doorman. It is ideally situated on 28th Street between Park Ave and Madison Ave. Nearby notables include Madison Square Park, The Clocktower, Gansevoort Park Hotel, Park South Hotel, Eleven Madison Ave, Eataly, Whole Foods, Sweetgreen, and Flywheel.
Corporate neighbors include UBS, IMG Worldwide, New York Life, Sony, and Tiffany. The building is in close proximity to 6, R, W, Penn Station, and Grand Central.
A few data points to consider:
Asking - $1,574 PSF
Carrying costs - $2.56 PSF
Rental potential - $18,000
CAP rate - 3.4%
The expansive penthouse features a private rooftop terrace, balcony (off the primary bedroom), skylight, atrium windows, and 11’ ceilings. Upon entering the residence through the private elevator landing, one is welcomed by a gracious foyer that sets the stage for the luxurious living space.
The south side of the residence is anchored by a Great Room measuring 21’ x 20’. The room an abundance of sunlight from both south and east exposures. The windowed kitchen boasts lightly used and top-of-the-line appliances (pied-a-terre owners).
The north side of the penthouse is connected by a 30’ gallery which includes a new Bosch washer dryer. The spacious primary bedroom suite features a private balcony offering east and west exposures.
The pi ce de r sistance is the penthouse level which is highlighted by an impressive skylight and atrium windows along with a private rooftop terrace measuring approximately 12’ x 22’. This level can be reconfigured as the primary bedroom suite or utilized as a media room.
The Parkwood is a 22-unit prewar condo built in 1913 with full-time doorman. It is ideally situated on 28th Street between Park Ave and Madison Ave. Nearby notables include Madison Square Park, The Clocktower, Gansevoort Park Hotel, Park South Hotel, Eleven Madison Ave, Eataly, Whole Foods, Sweetgreen, and Flywheel.
Corporate neighbors include UBS, IMG Worldwide, New York Life, Sony, and Tiffany. The building is in close proximity to 6, R, W, Penn Station, and Grand Central.
A few data points to consider:
Asking - $1,574 PSF
Carrying costs - $2.56 PSF
Rental potential - $18,000
CAP rate - 3.4%
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Apartment Amenities
- Terrace
- City View
Listing courtesy of
Douglas Elliman Real Estate
Pricing History
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