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The Lotte New York Palace Towers
455 Madison Ave, 5108/07
Midtown East, Manhattan | East 50th Street & East 51st Street
4.5 Rooms2 Beds2.5 Baths1,610 Square FeetRental Property
$40,000
$40,000
Updated 10 years ago
Off Market

The Lotte New York Palace Towers

455 Madison Ave, 5108/07

Midtown East, Manhattan | East 50th Street & East 51st Street

4.5 Rooms2 Beds2.5 Baths1,610 Square FeetRental Property

$40,000
Lease Term12-24 Months
Rent Per SF
$298
The price shown reflects the monthly rent only and does not include any additional fees. Please review the listing description for a summary of all fees related to renting this apartment.

Listing Features

  • Combined Apartment
  • Corner Apartment
  • Private Entrance
  • Window Treatments
  • Bidet
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub

Outdoor space and views

  • East Exposure
  • South Exposure

Building Amenities

  • Full Service
  • Elevator
  • Fitness Facility
  • Health Club
  • Hotel Service
  • Housekeeping
  • Sauna
  • Spa Services
  • Valet Service
  • WiFi

Property Description for 455 Madison Ave, 5108/07

HISTORY

The New York Palace possesses a prestigious heritage. More than a century ago, Henry Villard, one of the nation's most prominent financiers, commissioned McKim, Mead & White to create a residence of singular style. Constructed in 1882, that residence became known as The Villard Houses. Over the next century, the residence would change from private homes to offices for the Archdiocese and later, corporate offices for internationally known companies.

In the mid-1970s, the Archdiocese of New York, owners of the land, cleared the way for a hotel development that would incorporate this unique property, gracefully blending the landmark 1882 Villard Houses with a contemporary 55-story tower. The hotel opened in 1980 as The Helmsley Palace.

The New York Palace recently completed an all-encompassing $140-million renovation project that transformed a landmark architectural gem into the premier modern hotel in Midtown Manhattan. The 18-month renovation project rethought, upgraded, and perfected every aspect of your experience at this legendary destination - upscale accommodations, distinctive dining destinations and extraordinary event spaces all received intuitive updates. Through this perfect blend of past and present, the legacy of this historic New York City hotel continues, providing residents and guests with a distinctive experience at a truly iconic New York City hotel.

TOWERS CORNER APARTMENT 5108/07

Inspired by the rich heritage of the landmark Villard Mansion, corner two bedroom apartments offer an exceptional residential-style floor plan spanning over 1610 square feet, with all the advantages of modern city living. Located on the 51st floor, this corner apartment features expansive south-east views, surrounding the resident with stunning New York City imagery and the East River. Amidst a soft color palette of sand and ivory, mixed media commissioned art provides pops of color, bringing a sense of avant-garde culture to an elegant backdrop. Guest powder room and kitchen make entertaining simple. Elegantly appointed master bedroom includes a king sized bed with luxury imported linens for excellent rest. Bedside Creston touch-screen technology controls temperature, window treatments and 42-inch plasma-screen television for a personalized stay. When it's time to unwind, relax into a deep soak tub, the centerpiece of an oversized marble bath with glass shower, bidet and signature toiletries. The second bedroom provides two queen size beds with en-suite bath.

DISTINCTIVE DETAILS PROVIDED IN THE TOWERS

Private Entrance and Reception
Matre d'Etage Service
Multi-lingual Le Clef d' Or Concierge Service
24-Hour Room Service & Housekeeping
Nightly Turndown Service
The New York Palace Spa & Fitness Center
High Speed Wireless Internet
ADA-COMPLIANT
Packing and Unpacking Services
Newspaper Delivery, choice of New York Times, Wall Street Journal or USA Today
Variety of world-class dining and nightlife venues
Access to the Private Club-Rarities

Please phone Margaret Bay or Hilary James to view the property.

Listing History for 455 Madison Ave, 5108/07

Now
03/13/2015
POM by Margaret H. Bay
Brown Harris Stevens
2015
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Building Details for 455 Madison Ave

OwnershipRental Property
Building TypeHotel
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1882
Floors/Apts55/176
Learn More About the Building

Transit and Citi Bike

Subway

5 Av/53 St
0.15 miles
51 St
0.19 miles
47-50 Sts-Rockefeller Ctr
0.32 miles
Lexington Av/53 St
0.33 miles
Grand Central-42 St
0.41 miles

Railroad

Grand CentralLong Island Rail Road
0.2 miles
Grand CentralMetro-North Railroad
0.36 miles

Citi Bike

Madison Ave & E 51 St
0.05 miles
E 50 St & Park Ave
0.07 miles

Contact Agent

Contact Agent

Margaret Bay
Brown Harris Stevens

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

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Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1308871
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