Huge Price Reduction, BOM-

Enjoy panoramic city views stretching from the East River across the Midtown skyline and all the way down to the new World Trade Center from this dramatic and breathtaking penthouse. Akin to a townhouse atop a skyscraper, this one-of-a-kind luxury home is set on the 40th through 42nd floors of a premier luxury building along a serene stretch of the Upper East Side. This gigantic 4,035-square-foot apartment encompasses four bedrooms, 3.5 baths, an abundance of indoor entertaining space, plus three full balconies and a private roof deck.

A private landing on the main level leads into the splendid loft-like living/dining room, an open-concept space large enough to accommodate separate dining, den and living room areas. A working wood-burning fireplace offers added appeal while full-length glass doors lead out to a balcony with stunning city views. The top-of-the-line windowed chefs kitchen boasts large bay windows of its own, and its two entrances, including a set of swinging doors leading in to the dining room, providing for a seamless flow from room to room here.

On the lower level, the grand master bedroom suite features wrap-around corner bay windows letting in lots of natural light, plus a balcony of its own, an expansive his-and-hers customized walk-in closet, and a luxurious en-suite bath with double vanities, soaking tub and separate shower. The second bedroom here also has large windows with fantastic city views, and an en-suite bath. The third bedroom, set on the main living room level, has a full en-suite bath, closet, and a private balcony. The magnificence of the home continues on the third level, an all-glass-enclosed solarium with a soaring glass ceiling and sliding doors that lead out to the roof deck. With sweeping city vistas in all directions, this stupendous room is like your own minature glass castle in the sky. The apartment has central air as well as a washer/dryer.

This boutique luxury condominium, with just 55 units, is the tallest building gracing East End Avenue. Along with its modern lobby and fireplace lounge, the pet-friendly property provides 24-hour doorman and concierge services, live-in super, on-site security, and bike storage. The leafy green expanse of Carl Schurz Park is just two short blocks away, while a footbridge provides access to the jogging path along the East River Promenade. A wide array of top-notch restaurants, gourmet markets and bars are found nearby on York and First Avenues, while several of the citys top schools are in the immediate neighborhood. The FDR Drive is just a block away, providing rapid transportation anywhere in in New York, and the Second Avenue subway will include an entrance just a few blocks away at 83rd Street when it opens in 2016.