240 E 39th St

New York, NY 10016

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212-644-8231
  • Monthly Rent

    $35,500

  • Bedrooms

    4 bd

  • Bathrooms

    5.5 ba

  • Square Feet

Details

Available Now
* Price shown is base rent and may not include non-optional fees and utilities. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
240 E 39th St
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About This Property

Paramount Tower Penthouse - 52nd Floor - A Discreet Investment Opportunity For the discerning investor seeking a confidential and lucrative venture in prime Manhattan real estate, we present an exclusive off-market offering: the acquisition of leasehold rights to a prestigious penthouse residence atop the iconic Paramount Tower. A Residence of Distinction: This 52nd-floor penthouse represents the pinnacle of discreet urban living, a harmonious blend of expansive space, sophisticated design, and breathtaking panoramic views. Boasting four generously proportioned bedrooms, a den ideal for a private office or library, a family room for intimate gatherings, and 5.5 luxuriously appointed bathrooms, this residence offers an unparalleled sanctuary in the heart of the city. Unparalleled Features: Culinary Haven: The gourmet kitchen is a chef's dream. Spa-Inspired Retreat: The master bathroom offers a sanctuary of relaxation, featuring a soaking tub, a separate shower, and dual vanities. Grand Entertaining: Expansive living areas provide the perfect backdrop for both intimate gatherings and lavish soirées, all while maintaining the utmost privacy. Curated Lifestyle: Residents enjoy access to a state-of-the-art fitness center, a sparkling indoor pool, a resident lounge, a children's playroom, and dedicated concierge services, ensuring a seamless and discreet living experience. Prime Location: Paramount Tower is ideally situated in the heart of Midtown East, moments from world-class dining, shopping, cultural attractions, and Grand Central Station, yet secluded from the hustle and bustle of the city. Investment Highlights: High-Yield Potential: Acquire the rights to lease this coveted penthouse and generate substantial rental income from discerning tenants seeking a luxurious and private lifestyle. Exclusive Market: Tap into a niche market of high-net-worth individuals and families seeking a prestigious residence in a prime location with the utmost discretion. Turnkey Operation: Benefit from a fully managed building with comprehensive amenities and services, ensuring a seamless experience for both investors and tenants. A Confidential Transaction: This offering is presented with the utmost discretion. All inquiries and communications will be handled with the strictest confidentiality. Derrick, your dedicated real estate advisor, is available to provide expert guidance and support throughout the acquisition process. An Invitation to Qualified Investors: This is a rare opportunity to acquire a trophy asset in a prime location, generating substantial income and enhancing your investment portfolio with the utmost privacy. Contact me directly to discuss this exclusive offering and arrange a private viewing. Invest in Paramount Tower. Invest in your future. Invest with discretion.

240 E 39th St is a house located in Manhattan County and the 10016 ZIP Code.

Contact

Derrick Welch
nystatemls#ny
NY State MLS
Copyright © 2025 NY State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

House Features

Washer/Dryer

Air Conditioning

Dishwasher

Hardwood Floors

  • Washer/Dryer
  • Air Conditioning
  • Storage Space
  • Vacuum System
  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Microwave
  • Oven
  • Refrigerator
  • Hardwood Floors
  • Tile Floors
  • Vinyl Flooring
  • Dining Room
  • Family Room
  • Recreation Room
  • Den
  • Walk-In Closets
  • Laundry Facilities
  • Doorman
  • Concierge
  • Elevator
  • Fitness Center
  • Pool
  • Playground
  • Bicycle Storage
  • Balcony
  • Patio

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • Dogs Allowed
  • Fees not specified
  • Cats Allowed
  • Fees not specified
Location
Property Address: 240 E 39th St, New York,
NY 10016
Get Directions
This Property Available Property
Amenities
  • Washer/Dryer
  • Air Conditioning
  • Storage Space
  • Vacuum System
  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Microwave
  • Oven
  • Refrigerator
  • Hardwood Floors
  • Tile Floors
  • Vinyl Flooring
  • Dining Room
  • Family Room
  • Recreation Room
  • Den
  • Walk-In Closets
  • Laundry Facilities
  • Doorman
  • Concierge
  • Elevator
  • Balcony
  • Patio
  • Fitness Center
  • Pool
  • Playground
  • Bicycle Storage
Neighborhood

Coupled by historic brownstones and urban developments, Murray Hill is an excellent example of where old New York charm meets innovation. Locals in the area enjoy close proximity to Grand Central Station, perfect for those commuting to jobs in Midtown Manhattan. Recognized for its quiet days and thriving nightlife, Murray Hill has become a popular destination for college students.

Because of its active nightlife scene, off-the-clock employees and students choose bars like Joshua Tree on 3rd Avenue for weekday happy hours. Murray Hill houses many global businesses and over a dozen United Nations embassies. Locals find comfort and relaxation in jogging on the East River trail, a block from Saint Vartan Park.

Learn more about living in Murray Hill 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Walk: 8 min 0.4 mi
Walk: 11 min 0.6 mi
Walk: 11 min 0.6 mi
Drive: 3 min 1.1 mi
240 E 39th St is within 8 minutes or 0.4 mile from Yeshiva Univ., Beren. It is also near Berkeley College-New York and DeVry College of New York.
Transportation

Transportation options available in New York include Grand Central-42 Street, located 0.4 mile from 240 E 39th St. 240 E 39th St is near Laguardia, located 8.2 miles or 16 minutes away, and Newark Liberty International, located 15.0 miles or 21 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Walk: 8 min 0.4 mi
Walk: 9 min 0.5 mi
Walk: 10 min 0.6 mi
Walk: 12 min 0.6 mi
Walk: 14 min 0.8 mi
Commuter Rail Distance
Commuter Rail Distance
Walk: 13 min 0.7 mi
Drive: 4 min 1.2 mi
Drive: 4 min 1.3 mi
Drive: 3 min 1.3 mi
Drive: 4 min 2.0 mi
Airports Distance
Airports Distance
Laguardia
Drive: 16 min 8.2 mi
Newark Liberty International
Drive: 21 min 15.0 mi
Walker's Paradise
99
Walk Score®
Out of 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
100
Transit Score®
Out of 100
Living in this area is considered a rider’s paradise, with world-class transportation.
Very Bikeable
83
Bike Score®
Out of 100
This area is very Bikeable. You’ll find a variety of bike paths and lanes.
-
-
Soundscore
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from 240 E 39th St.

Shopping Centers Distance
Shopping Centers Distance
Drive: 4 min 1.3 mi
Drive: 4 min 1.4 mi
Drive: 3 min 1.5 mi
240 E 39th St has 3 shopping centers within 1.5 miles, which is about a 3-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Bellevue South Park
Walk: 12 min 0.7 mi
Bryant Park
Walk: 14 min 0.8 mi
Asser Levy Playground
Drive: 3 min 1.1 mi
Madison Square Park
Drive: 4 min 1.2 mi
Gantry Plaza State Park
Drive: 5 min 2.2 mi
240 E 39th St has 5 parks within 2.2 miles, including Bellevue South Park, Bryant Park, and Madison Square Park.
Hospitals Distance
Hospitals Distance
Walk: 9 min 0.5 mi
Walk: 13 min 0.7 mi
Drive: 4 min 1.2 mi
240 E 39th St has 3 hospitals within 1.2 miles, the nearest is New York University Langone Medical Center which is 0.5 mile away and a 9 minutes drive.
Military Bases Distance
Military Bases Distance
Drive: 14 min 6.5 mi
Drive: 25 min 12.0 mi
240 E 39th St is 6.5 miles from Governors Island Support Center, and is convenient to other military bases, including Military Ocean Terminal.

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