Two Upper East Side Penthouses Just Broke NYC Price Records

Lobby at The Charles
Lobby at The Charles

Bluerock Real Estate is celebrating the closing of two penthouses at the luxury residences The Charles. Combined, the sale of both digs is a record-breaking $58.635 million.

The first penthouse, which sold for $37.94 million, became the highest price ever for a residence east of Third Avenue on the Upper East Side. It features 12 bedrooms and 12-and-a-half bathrooms. There are terraces on two levels, providing the new homeowners with more than 1,300 square feet of outdoor space.

Not too far behind, penthouse two closed for $20.695 million. It boasts eight bedrooms and eight bathrooms. There is a streamlined and modern interior circular staircase, a custom built 1,200-square-foot dressing room and much more.

Both residences offer picturesque 360-degree views of New York City.

“The Charles has attracted buyers with a truly exceptional mix of full floor-only residences, light-filled great rooms, sweeping views and superb construction,” Mr. Karadus said of building, which features designer interiors crafted by David Collins Studio and architect Ismael Levya. “Buyers are also drawn to The Charles’ high-touch, white glove service. The ratio of staff to residents is very high, which affords residents a level of service reminiscent of another era.”

Bluerock Real Estate worked with Town New Development to market the project. “The Charles introduced a new level of luxury into the neighborhood east of Third Avenue. There’s a terrific renaissance happening in the neighborhood, with the pending completion of the Second Avenue subway and the continued beautification of the cityscapes adjacent to the river. Prices in the neighborhood are still favorable, though rising, with the influx of luxury buyers and retailers,” said Ginger Brokaw, of Town New Development and one of the building’s exclusive sales agents.

Currently, more than 70 percent of units in The Charles have been sold.

“The closing of the penthouse units reinforces our belief in the neighborhood was well placed and that our design decisions were in step with the market,” said Ramin Kamfar, CEO of Bluerock. “We created a residence with the scale and privacy of a townhouse, but with lots of light and with the convenience of high-touch concierge service. The market has responded very well.”

The Charles was designed by architect Ismael Levya, while the interior finishes were done by David Collins Studio.

The building includes plush amenities like a children’s lounge, private storage, fitness center, game room, and 24-hour doorman and concierge.