Housed in a Historic Building, This Three-Story Penthouse Is a New York City Gem

Built in 1912, 212 Fifth Avenue is a neo-classical skyscraper that recalls New York City’s illustrious past. After purchasing the building in 2015, Madison Equities set out to breathe new life into the historic property by turning it into a luxury condominium. The pinnacle of the building is the Crown, a three-story penthouse with 360-degree views of the Hudson River and the Flatiron building. The five-bedroom, five-bathroom dwelling encompasses 10,000 square feet, with an additional 5,700 square feet of exterior space.

The residence retains its historic roots thanks to high ceilings, giant windows, and ornate carvings. A bronze staircase, Siberian White marble fireplaces, and limestone floors on the terrace level give the penthouse extra pizzazz. Fusing pre-war elements with contemporary touches, the open-concept home includes solid oak and marble accents, floor-to-ceiling walls of glass, and hanging light fixtures.

Spread across 2,000 square feet, the master suite includes a bedroom, two dressing rooms, two bathrooms, a library, a kitchenette, a sitting room, and a private stairway that leads to the terrace. A 12-foot island and Gaggenau appliances grace the kitchen, and a kitchenette on the second story makes entertaining on the terrace a breeze. Bars are positioned in the dining room and on the third-floor observation deck so residents can easily enjoy nightcaps after a long day.  

Adorned with lush landscaping and vines that creep up the surrounding stone structures, the walled-in outdoor terrace resembles a secret garden. The second-story getaway is equipped with an elegant dining table and plenty of comfortable seating options. Homeowners can choose to add a plunge pool or showcase a private art collection. Featuring a fire pit and loungers, the third-story observation deck overlooks the glittering skyline.

Though there is little reason to leave the sumptuous digs, there are plenty of onsite amenities for those who do venture out. A yoga studio, fitness center, playroom, and lounge offer plenty of entertainment options, while a 24-hour doorman and concierge team are on standby to assist with any needs. Located on the northwest corner of Madison Square Park, the domicile allows ready access to New York City staples. Rockefeller Center and Times Square are just over a mile from the property, and a bevy of shopping options await just outside. Currently under construction, the palatial penthouse (which has a price tag of $68.5 million) is scheduled to be finished this spring. (212fifthavenue.com)

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