For $5 million

Bathroom looks like a prison cell.

That must be a typo.

Oh, just looked at info about the building. Not a typo.

Ugh. This is the second floorplan I've seen recently where the bedroom windows and views are nicer than those in the living room. (a terrace is not always better than no terrace). Nice sized BRs, baths are fine, but hate the in-wall vertical AC units (a PTAC by any other name...), and are those *glass* kitchen countertops? Lots of wasted space in that entry 'gallery' and the hall of closets at the entry to the MBR. Building is mostly hemmed in on 3 sides, and it's only a matter of time before the rest of the S side of 56th street is filled with high-rises. If Daddy were paying for it, I might not care, but this is an investment I wouldn't make for myself.

$3200/ft?? I don't think so

True Aaron, foyers are just wasted space as is a gallery, halls, whatever they call it. 500 sq studio with 100 sq foyer and hallway. Wasted space.

Building designed by I.M. Pei, right off 5th Avenue in midtown. less than 50 units in the building, each unit is distinctive with different layouts. Seems competitively priced with other listings in the building. This building is marketing in rarified air to foreign buyers. I'll make one prediction and that is , it will not be sold to anyone posting on this board. LOL!

BTW I disagree that foyers/galleries are wasted space, they add interest and character to the layout, something $5 million buyers are looking for. Also, don't underestimate the value 2 terraces add to the apartment, and the fact that people like to say they live in a "Penthouse".

Will it sell for the asking price, probably not, but it will be interesting to see what it finally sells for.

The developer had tried to unload it before as #16B. There're three floors of so-called penthouses above it, so why not called another one a PH, too?

Right, in New York the true luxury is wasted space, and for five million you should get some.

Behind that long blank wall between the mini-terraces is the double-height dining area of 15B.

The cave effect in the tiny LR/DR is because the window and terrace door are so small. The ceiling is about 10', but the concrete to support the setback above makes the window and door not only narrow but short.

The place needs paint or staging or something clever done to it.

Aaron2, right about the vertical PTACs. '90s-looking. Newer high-end condos increase floor-to-floor height so they can put the air handlers above kitchen/baths/core, and not have those hotel-looking clunkers dominating every room.

I'm all for wasting space (got 2 hallways and a foyer in my place), but those hallways just don't do it for me. Here's a better PH for about the same price:
http://streeteasy.com/building/56-east-11-street-manhattan/ph

>The cave effect in the tiny LR/DR is because the window and terrace door are so small. The ceiling is about 10', but the concrete to support the setback above makes the window and door not only narrow but short.

Yup, I.M. Pei.

Maybe I haven't really assimilated the realities of the current New York City real estate market (being happily ensconced in the apartment I hope to live in the rest of my life) but there is nothing abut this place that says $5MM. Its perfectly fine, i like the layout and the kitchen and bathroom finishings look to be high, but not ultra high end. It look a very nice apartment for $2 MM, maybe $2.5. But unless I missing something huge (like there is private pool for thi apartment in the back, no way is it worth $5MM.

For only $8MM more in the same building, you can have a seizure every day. http://streeteasy.com/building/the-centurion/phb

"Here's a better PH for about the same price: http://streeteasy.com/building/56-east-11-street-manhattan/ph"

Can't compare, a whole different neighborhood, building (no doorman), looks like you have a view of the buildings water tower right out the window. Very awkward layout based on the floor plan. The building entrance looks like an SRO Hotel along with the yoga store directly to the right of the entrance. If that apartment is worth $5 million the real estate market has really gone insane.

New photos and new rental furniture!

I see the 11th Street apartment has had 2 price cuts amounting to 15%. Not surprised.

I've been in the building, and I've seen both PH for sale. They say it's an investor's building, but in reality its not. The ROI is literally close to nothing and there's no view, you face a street and building. Priced way too high.