O
n the Upper East Side, a penthouse at 425 E. 63rd St. proudly showcases its 1980s flair. The 4‑bedroom, 4‑bath unit spans 2,725 sq ft and sits atop a 1,295‑sq‑ft wrap‑around terrace, all listed for $2.89 million. Originally a triplex, the space was merged into one grand residence by its first owner, Fred—a self‑taught interior designer, art collector, engineer, and finance professional—who bought the first unit in 1978. Fred now rents the penthouse to his nephews and visits only a few months each year, citing his advancing age as the reason for selling.
Fred’s vision turned the former triplex into a living art installation. Custom circular coffered ceilings, gold‑plated fixtures, imported marble sinks, dark‑wood paneling, and oversized mirrors create a gallery‑like atmosphere that he likens to “walking into the Guggenheim.” The ceilings, inspired by artist Mustafa Abelseed, curve around each room, giving the space a cohesive, almost sculptural feel. Mirrors are strategically placed to double the perceived size of rooms and amplify natural light.
The apartment still houses about 110 pieces of Fred’s collection, many of which are for sale. He once owned over 1,200 works, but most have been auctioned in Florida, where he maintains another private collection. “Everything’s for sale,” he jokes, underscoring the fluid nature of his holdings.
The building, the Royal York, is a full‑service condo‑op with condo‑style rules: no board interview, immediate subletting, and no land lease. Residents enjoy 24‑hour doorman service, concierge, fitness center, landscaped gardens, bike storage, and garage parking. The monthly maintenance fee of $11,475 reflects the unit’s size, the fact that it comprises three former apartments, and the generous terrace. Listing agent Beatriz Moitinho notes that the fee aligns with comparable units in the building.
Fred describes the penthouse as a place where “if you’re lying on the floor and looking up, you’re looking at a painting.” The design encourages walking—he counts 4,000 to 5,000 steps inside or on the terrace each visit—providing a leisurely stroll without leaving the property. While the aesthetic may not appeal to every buyer, especially younger ones accustomed to minimalist décor, it offers a unique blend of art, architecture, and luxury living that resonates with those who appreciate curated spaces.
In sum, 425 E. 63rd St. presents a rare opportunity: a 4‑bed, 4‑bath penthouse that fuses three units into a cohesive, art‑laden retreat, complete with a sizable terrace, high‑end finishes, and a maintenance fee that reflects its distinctive character.
