Well, if you can't sell 550 Vanderbilt Avenue #PHE (Penthouse East), last year marketed for $5 million (and once $5.8 million)--one of a number of high-priced, unsold units--why not rent the 2,412-square-foot 3-bedroom, 3.5-bathroom unit with a 735-square-foot terrace and ceilings heights of up to 12 feet.
It's off the market, but the $15,000 asking rent was being discounted with one free month, so an effective rent of $13,750.
The listing offered "Flexible move in date, can be furnished or unfurnished, open to rent-to-own option."
It's an impressive apartment, it's just that the universe of people who want to pay that much rent can't be that large.
The unit is at the northeast portion of the top floor, so not as close to the construction at the parcel to the west, B12/B13, as some other parts of 550 Vanderbilt.
Note that, while that current StreetEasy list does not indicate that #PHE was recently for sale, a click on the link indicates that, indeed, as of last March, it was on offer for $5 million.
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