1160 Third Avenue, #PHE, New York (Upper East Side), NY, 10065 | $1,125,000

Welcome to Penthouse E at the Frost House, located in the highly desirable Lenox Hill neighborhood on the Upper East Side of Manhattan. This one-of-a-kind duplex boasts a private outdoor terrace with stunning open views, floor-to-ceiling windows, and an exquisite renovation that combines luxury and history. Formerly the home floor of Ace McFarlane of KISS and James Brown, the King of Soul, this penthouse is perfect for entertaining or as your private sanctuary.

As you enter the apartment, the huge windows and terrace overlooking 3rd Avenue will immediately catch your attention. The split-level apartment features a spacious living/dining area, central air, Legrand outlets, and grey, white oak floors with soundproofing. The open staircase is complimented by built-in bookshelves and a coat closet underneath. The kitchen is modern and sleek, featuring recessed lighting, quartz countertops, Bertazonni stove, Blomberg dishwasher, Franke stainless steel sink, Haier over the stove microwave and vent, Leiber refrigerator, touchless Delta faucet, appliance garage, Edelman leather and nickel hardware and Porcelanosa tile. The terrace has water for an irrigation system (with timer or hose) and electricity outside. It is the perfect space for sitting with friends or enjoying a quiet night alone.

Upstairs, the king-size bedroom is flooded with natural light and features two-bedroom closets, including a large walk-in California closet, plus a linen closet just outside. A reading corner and work-from-home space with open sky complete the space. The bathroom is tastefully designed with Porcelanosa tile, walnut cabinetry, a Kohler shower system, touchless toilet, and a Bain Ultra tub with cutting edge thermo-heating zones and Geysair massage technologies.

Recently completed capital improvements include: The electric was redone in 2024, a new air conditioner system was installed in 2023 (creating a reduction in gas bills) and the installation of an instant hot water heater in 2022. Local Law 11 takes place later this year and is already paid for. The penthouses will be completed first. There is NO assessment for PHE. The owner paid the most recent assessment in full. Washer / Dryer installation allowed in unit with board approval.

Building amenities include a full-time doorman, live-in super, bike room, laundry facilities and a bulk rate cable / internet deal through Spectrum for ONLY $57. The pet policy permits cats. Also permitted with approval: sublets, co-purchasing, and pied-a-terre. Case by case: gifting, trusts and buying in an LLC. The location is unbeatable, with easy access to public transportation (Q, N, R, W, 6), Central Park, Bloomingdale's, and Trader Joe's. Whole Foods is coming soon across the street!

If you're looking for a luxurious penthouse in a prime location, look no further than Penthouse E at Frost House.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 19
  • Amenities: Bike Room; Laundry Room;
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Complex: Frost House, The
  • Year Built: 1965
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • OLR#: RPLU1032523162869
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523162869/1160thirdavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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1160 Third Avenue, #PHE, New York (Upper East Side), NY, 10065

$1,125,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $900,000 $900,000 $900,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,831 $5,324 $7,414
Total Monthly Payment $4,956 $5,449 $7,539

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.