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556 3rd Ave #Phe, New York, NY, 10016

4beds
5baths
3,500sqft
$3,795,000
$1,084price/sqft
$26,467/moest. monthly cost
$1,058,680/yrincome needed

About This Home

A RARE OPPORTUNITY - FULL FLOOR PENTHOUSE WITH 360 - DEGREE PANORAMIC VIEWS! Whether acquired as a primary residence, pied-à-terre, or long-term investment, this property represents a blue-chip Manhattan asset - irreplaceable in scale, light, and privacy. Perched atop the 30th floor of The Aurora Condominium, this extraordinary full-floor penthouse is a true crown jewel - a private sky residence offering breathtaking, unobstructed 360-degree views of Manhattan in every direction. Floor-to-ceiling glass walls frame the city as living art, capturing iconic landmarks from the Empire State Building and New York Life Tower to the East River and its bridges, extending downtown to One World Trade. A private keyed elevator opens directly into the residence, establishing a rare level of privacy and exclusivity reserved for only the most distinguished homes. Designed for both grand-scale entertaining and refined daily living, the residence spans the entire floor and features three magnificent bedroom suites, a separate staff suite, and four-and-a-half marble bathrooms. The triple-exposure great room is dramatic in scale and flooded with natural light, seamlessly connecting to four private corner terraces that provide multiple vantage points over the skyline. A formal dining area and an elegant library/den enhance the home's architectural presence. The primary suite is a sanctuary unto itself, complete with its own terrace, a windowed home office, a custom walk-in closet, and a five-fixture marble bath with a deep Jacuzzi soaking tub positioned against panoramic city views. The chef's kitchen is beautifully appointed with Viking and Sub-Zero appliances, wine refrigeration, Bosch dishwasher, custom cabinetry, and generous pantry storage - equally suited for intimate dinners or catered soirées. This penthouse represents a rare opportunity to acquire a generational Manhattan asset - a residence defined by scale, light, privacy, and architectural distinction.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
77
BikeVery Bikeable

Schools

3/10
8/10
Jhs 104 Simon BaruchGrades 6-80.8 mi

Construction

Condition

  • Year built: 2002

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Special condition: Resale

Features

  • Patio & porch: Other,Terrace
  • Exterior features: Balcony,Terrace
  • Has view: Yes
  • View description: City,Park/Greenbelt,Skyline,Water
  • Has water view: Yes
  • Water view: Water

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hurricane
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,189$230,268
Home Insurance *$4,455$53,460
Property Taxes $2,245$26,940
Electricity $578$6,940
Total$26,467$317,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$907,440/yr
40% on housing$794,010/yr
45% on housing$705,786/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,084This listing

vs Other Active Listings

Avg $/sqft

ZIP 10016$999
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10016$1,230
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-03Listed for sale$4,199,000
2026-03-01Listing removed$4,750,000
2025-10-22Listed for sale$4,750,000

For Sale by Agent

AgentDeepti Mittal
BrokerageDouglas Elliman

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