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Rental BuildingMidtown

242 West 53RD Street #PHA, New York City, NY 10019

Listing Courtesy of Serhant

$35,000/mo

Potential Rebate: $525

Rental Building
4 Beds
6 Baths
7 Rooms
3,603 sqft
Built 2018
62 Stories
10/ft²
Listed on Nov 10, 2025
50 days on market

Overview

<p>Welcome to a one-of-a-kind living experience in this luxurious 4/5 bedroom, 5.5 bathroom penthouse, perched on the 65th floor of ARO. With a sprawling 3,600 square feet of space and four private terraces, this residence offers you the unique opportunity to take in panoramic views of the city, river, and Central Park!</p> <p>Start or end your day with stunning cityscapes through floor-to-ceiling windows, capturing southern and western exposures. Imagine relaxing on the expansive terrace that stretches the length of your living room, perfect for unwinding with a glass of wine at sunset.</p> <p>The custom kitchen is a chef's dream, featuring sleek countertops, oversized glass tile backsplashes, and high-end Miele appliances. Whether you're hosting a dinner party or enjoying a quiet meal, the culinary experience here is unparalleled.</p> <p>Your primary suite sanctuary awaits with a terrace offering sweeping views of the Hudson River and Central Park. The master bathroom is a haven of luxury with Carrara marble floors, Dolomiti marble wall tiles, and a freestanding Epaiser bathtub. Each of the three additional bedrooms comes with its own ensuite bathroom and northern views toward the park. These rooms can be easily tailored to your lifestyle needs, with plenty of closet space and flexible layouts.</p> <p>Head upstairs to the media room, complete with a wet bar and private bathroom, for the ultimate cinematic experience. Two more terraces offer stunning views, making this space perfect for entertaining guests.</p> <p>Full Service Amenities at ARO:</p> <p>Enjoy over 40,000 square feet of amenities, including lounges, an indoor pool, game room, children's playroom, and more</p> <p> Work out in the fitness center with a yoga room or play on the basketball court</p> <p>Host in the chef's kitchen with a private dining room and beautifully landscaped terraces</p> <p>ARO's award-winning design by CetraRuddy blends the classic skyscraper aesthetic with modern luxury, making this not just a home, but a lifestyle.</p> <p>The penthouse is currently occupied, 48 hours advanced notice required to request an appointment.</p>

Home Features

  • Central Air
  • Washer Hookup
  • In Unit
  • Balcony
  • Private Outdoor Space Over 60 Sqft
  • Bridge(s)
  • City Lights
  • City

Estimated Monthly Payment

$173 per month

30 year fixed, 6.28% Interest

Principal and Interest
$173
Property Taxes
$0
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$525

Monthly savings impact

$1/mo

Effective Purchase Price

$34,475

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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Price Analysis

Compare average listing prices and value metrics for Aro against the surrounding Midtown market.

Based on 1 active unit in building vs 149 in area

Average List Price

Building$35.0K
Neighborhood$4.6M

Price Per SqFt

Building Avg$10/ft²
Neighborhood Avg$1,731/ft²
Value Opportunity

99.44% Lower

than the Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Midtown

The Center of the World

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Midtown is the commercial heart of NYC. Skyscrapers, tourists, and business.

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Real Estate & Housing Market

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Luxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood."

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Lifestyle & Community

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Dominanted by office workers and tourists. Convenient but lacks a local feel.

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Transportation & Accessibility

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Every train goes through Midtown. Grand Central is here.

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Parks, Schools & Amenities

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Bryant Park and Central Park (south border) are key.

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Who This Neighborhood Is Best For

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Best for pied-à-terre buyers and busy executives.