Thru August 2025, PH 41D is 70% in rental income compared to 2024! At that pace, the PH is poised to reach just under $1M for the year, for a conservative, blended cap rate of 4.2%, which is unheard of for a a luxury property you can use in NYC.
Welcome to Penthouse 41D at the acclaimed Ritz-Carlton, Nomad Residences designed by legendary architect Rafael Vinoly. Graced with exclusive benefits and helicopter views of the Lower Manhattan skyline, the Statue of Liberty, Hudson Yards, and the Upper Bay, this lavish 2-bedroom, 2.5-bathroom offering is unlike anything else in the city.
Exclusive Ritz-Carlton Benefits
An ideal pied-a-terre property and a tantalizing investment opportunity, owners have access to the penthouse for up to 120 nights a year and can appoint The Ritz-Carlton to rent and manage the home and generate income when they are away. The building has legally circumvented local AirBnB laws and expertly markets and advertises to achieve some of the highest nightly rental rates in the city.
Residents also have access to all the amenities and services of the famed Ritz-Carlton Hotel. These include renowned wellness and spa services, a state-of-the-art gym, event and lounge spaces, a rooftop bar, two restaurants, and in-room dining run by Michelin-starred chef Jose Andres. Additionally, all the best restaurants, bars, cafes, and shops that NoMad has to offer are moments away.
Penthouse Living
Interiors are stunning in every way and can be delivered exquisitely furnished. Oversized picture windows let in an abundance of southern and western light, accentuating beautiful white oak floors, custom millwork, and soaring ceilings over 10 feet high. A state-of-the-art Lutron panel controls lighting and motorized drapes.
The Poliform kitchen is adorned with an eat-in waterfall island, honed white quartzite countertops and backsplash, bronzed glass cabinetry with built-in LED lighting, and fully integrated Miele appliances.
True Bedroom Suites
The king-size primary suite has a reach-in closet, a dedicated owner closet for when the residence is not in use, and a decadent en-suite bathroom with Bardiglio Nuvolato marble slab walls and floors, a carved Terrazzo double sink, acid-etched glass shower and water closet enclosures, a walk-in rainfall shower, and a deep Duravit soaking tub.
The second bedroom suite can easily accommodate two double beds and has a reach-in closet and spa-like en-suite bathroom. A stacked Miele washer and dryer complete the home.
The Ritz-Carlton Residences, New York, NoMad are not owned, developed, or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (Ritz-Carlton). RP 1185, LLC uses the Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company L.L.C.
Listed by Broker Owner
Quick Profile
NoMad, North of Madison Square Park, is a rectangular swath of land that is bordered by East 25th Street to the south, East 29th Street to the north, Sixth Avenue to the west, and depending who you ask, Madison or Lexington Avenue to the East. It’s had its acronymed name for over two decades but not every New Yorker calls the neighborhood NoMad.
Historic architecture, trendy hotels and restaurants and high-priced apartments - NoMad wasn’t always the coveted neighborhood that it is today. It’s gone through many transformations over the years. Including a red light district known as the Tenderloin in the 1880’s. It was a popular shopping destination and a place where high society held court in the mid 19th century. It was part of New York City’s Silicon Alley in the 1990’s.
As of lately, world class chefs and restaurants have moved into NoMad. It’s tied with Midtown Manhattan for having the most Michelin stars (six stars to date). Besides NoMad’s architecture, nightlife, and restaurants, we can’t forget the added perk of being close to other great neighborhoods and cultural institutions. NoMad’s central location makes it easier to get just about anywhere in the city. You can walk to Chelsea, West Village, Union Square or Grand Central Station in no time at all. The N, R, 1, 6, B, Q, F, and M are very close or just a few blocks away. Penn Station is also within walking distance.