Estate of the Day: $73 Million Fifth Avenue Penthouse in New York

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A historic masterpiece of its time, the Crown Penthouse at 212 Fifth Avenue ($73,800,000) is in a class of its own and the most magnificent trophy residence on Madison Square Park. Designed by Pembrooke and Ives and spanning three floors, with over 10,000SF of living space and 5,730SF of terraces, this 5-bedroom penthouse has the majestic proportions of a palace. With four exposures providing 56’ of frontage along the Park and vistas of downtown Manhattan’s most coveted architecture, the pre-war details inside are equally matched with the iconic views revealed by its elegant arched windows. The foyer opens into a dramatic atrium with its breathtaking bronze staircase as its centerpiece. The Crown’s ceiling height, coupled with its gallery-sized walls, make this penthouse an art collector’s paradise.

From the marble foyer with its private elevator, to the unrivalled grand ballroom, to the library with a marble and glass fireplace, to the sumptuous 7-room master suite – every detail was considered in its conception. The second level boasts a sky-lit entertaining space and colossal outdoor oasis extending the full length of the building. The 4700+/-SF terrace, with its copper molding and painstakingly constructed parapet provides unmatched privacy. The third-floor observatory opens onto a 950SF terrace with spectacular panoramic views of the Empire State Building, Flatiron Building and World Trade Center. All the finest quality materials, smart home technology and luxury amenities were incorporated to create a regal lifestyle for the first owner of this outstanding residence.

212 Fifth Avenue condominium is the unmistakable beacon on Madison Square Park. Amenities include: 24-hour doorman and concierge services, state-of-the-art fitness room, golf simulator, screening room, children’s playroom and more. Staff quarters and storage rooms are available for purchase. This is an opportunity of a lifetime.

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