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Twenty9th Park Madison, 39 East 29th Street, #PH2C

$3,950,000 ($2,466 per ft2) -3.7% | 2 beds, 2 baths | Approx. 1,602 ft2
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43 days on Market

Key Details

  • Listed: Mar 18, 2024
    Last Price Change: -3.7% ($150,000) on Apr 12
    Days on Market: 43
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $3,088
Monthly Real Estate Taxes: $3,521
Total Taxes & Fees: $6,609 ($4.13/ft2)
Est. Monthly Mortgage: $21,879
Total Est. Monthly Carrying Cost: $28,488 ($17.78/ft2)
Note: the above is based on a down payment of 20% ($790,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Additional Features: The building features include an attended lobby, concierge service, a garage, cold storage, an espresso bar, and more. The unit also offers an in-unit washer/dryer, bike room, live-in superintendent, and terraces/balconies.
  • Award-Winning Building: This property is located in the prestigious Twenty9th Park Madison building, which was named the 'Best High-Rise in New York' by America’s Property Awards in 2008. The building offers a range of amenities including parking, deeded storage, a full gym, a roof deck with panoramic views, and four separate barbeques and dining areas.
  • Spacious and Luxurious Living: The penthouse offers a spacious 2 bedroom, 2 bathroom layout with approximately 1,602 sq ft of living space. It features stunning city views from floor-to-ceiling windows, 13-foot ceilings, and an open-concept living/dining room.
  • High-End Kitchen: The upgraded kitchen is equipped with high-end appliances including a Sub-Zero fridge, Viking oven and cooktops, Bosch dishwashers, Marvel wine coolers, and Zephyr range hoods.
  • Comfortable Bedrooms and Bathrooms: The property boasts two generous bedrooms and two stunningly renovated bathrooms. The primary bedroom offers views towards the East River and Brooklyn, a marble-clad 5-fixture windowed bathroom, and a comfortable walk-in closet.
  • Convenient Location: The building is conveniently located between Madison Avenue and Park Avenue South, close to Madison Square Park, the Flatiron, and various restaurants and shops. It also offers a quiet mid-block location with good public transportation and close proximity to some hotels and attractive towers.

Description

OWNERS FINANCING AVAILABLE

PH2C is arguably the best apartment in this fantastic full-service condo building. Twenty9th Park Madison was named the "Best High-Rise in New York" by America’s Property Awards the year it was constructed in 2008.

From the architect’s plan, PH2C was always the best layout in the building. The balance between the public and private areas of the home is excellent, and the rooms are perfectly proportioned in all three dimensions.

This is very important as the apartment has 13-foot ceilings with floor-to-ceiling windows, and if the proportions are incorrect, the whole place would feel uncomfortable. After living in the "best high-rise in New York," the owners found the home needed some strategic upgrades that could only be conceived by actual users. Because work was required anyway, some quality improvements were made to the finishes in the kitchen and bathrooms.

In doing so, they improved the livability of what was already considered the best apartment in the best building.

What they ended up with is close to perfect. From the moment you walk in, you are gob-smacked by the views, with the buildings layering higher each couple of blocks until 42nd Street. From the comfort of your sofa, it will feel like you can touch the last 100 years of New York, with both the Empire State Building and One Vanderbilt right there.

As soon as you focus on the inside, you will see why I bragged about the layout. The open-concept living/dining room is 28 x 23, which is positively large and feels even grander with those 13-foot ceilings. However, to ensure the place retains intimacy, the living and dining areas are cleverly separated by an oversized column that houses some hidden but crucial cabinetry for formal dinnerware and books.

Right behind the generous formal dining area is the very generous open kitchen.

The beautiful white marble is the most visible part of this home’s extensive upgrades, and the elegant cabinetry is another. Every part of this kitchen has been upgraded, and it is exceedingly practical, with sufficient room for a whole gaggle of chefs to work together. The appliances are the usual high-end suspects; Sub-Zero fridge, Viking oven and cooktops, Bosch dishwashers, Marvel wine coolers, and Zephyr range hoods.

The South side of this penthouse is for the private areas with two very generous bedrooms and two stunningly renovated bathrooms.

At 15 x 13, the second bedroom is large enough to be a primary in any other home, but here it isn’t because its bathroom, clad in marble, is not en-suite. However, it does offer views as far as Jersey City.

The primary bedroom, like the living room, has attention-grabbing vistas looking southeast towards the East River and Brooklyn. (I swear I saw a plane land at JFK the other day.) The room itself is very generous but not pompous.

Together with a beautiful, marble-clad 5-fixture windowed bathroom and a comfortable walk-in closet, this is a wonderful primary suite.

Situated between Madison Avenue and Park Avenue South, Twenty9th Park Madison towers above its neighbors. The double-height, cubed-glass entrance establishes a captivating allure. Cascading sunlight and moonlight stream through, illuminating the dramatic interior of the 34-story, 142-unit boutique condominium.

The building amenities check every box on a discerning buyer’s wish list: Parking in the building, deeded storage, a full gym, and a roof deck that is truly enviable, with panoramic views and four separate barbeques and dining areas.

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Apartment Amenities

  • River View

Listing Agent (Seller's Representative)

Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About Twenty9th Park Madison, 39 East 29th Street

72

Twenty9th Park Madison, 39 East 29th Street has received a CityRealty Rating of 72, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

22
Out of 44
+
28
Out of 36
+
14
Out of 39
+
8
=
72
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Rooftop Terrace
  • Elevator
  • Mail Room
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Not far from Madison Square Park
  • Good public transportation
  • Attended lobby
  • Relatively quiet mid-block location
  • Close to some hotels
  • Close to some attractive towers
  • Close to Subway
Cons
  • Many apartments
  • No roof deck
  • No sidewalk landscaping
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Subways

  1. 6
at Park Ave 0.09 miles
  1. R
  2. N
at Broadway 0.25 miles
  1. M
  2. B
  3. D
  4. F
  5. Q
at 6th Ave 0.41 miles

Aerial Imagery

 

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