50 HENRY Street #PHB, New York City, NY 10002
Listing Courtesy of Douglas Elliman Real Estate
$999,000
Potential Rebate: $14,985
Overview
<p>Perched high above the electric rhythm of the Lower East Side, this two-bedroom penthouse loft is a luminous sanctuary in the sky. Bathed in light from all directions, the home unfolds with a cinematic sense of space-floor-to-ceiling windows frame iconic views that shift from sunrise brilliance to twilight glow. Step off your semi-private landing and into an experience that is as serene as it is spectacular.</p> <p>The heart of the home is an open, thoughtfully renovated kitchen, where sleek stainless steel appliances meet custom cabinetry and rich marble countertops. Whether you're entertaining beneath the stars on your private outdoor space or enjoying a quiet morning coffee as the city stirs below, every moment here is elevated-literally and figuratively. The loft's clean architectural lines and natural light create an effortless canvas for both living and expression.</p> <p>Set within an intimate elevator building, this penthouse places you moments from the neighborhood's most celebrated restaurants, indie boutiques, buzzing nightlife, and an abundance of transportation options. It's the rarest of offerings: expansive and intimate, luxurious and grounded, urban and transcendent. Sorry no pets.</p>
Home Features
- •Private Outdoor Space Over 60 Sqft
- •City
Estimated Monthly Payment
$5,795 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,985
Monthly savings impact
$42/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20060383
Price Analysis
Compare average listing prices and value metrics for BISHOP PAUL MOORE T against the surrounding Two Bridges market.
Average List Price
Price Per SqFt
48.52% Lower
than the Two Bridges price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Two Bridges
Overview of Two Bridges
Two Bridges is a waterfront neighborhood nestled between the Brooklyn Bridge and the Manhattan Bridge on the Lower East Side. It is a diverse, resilient community that has become a new frontier for luxury development. For buyers eyeing Two Bridges Manhattan real estate, it offers arguably the most spectacular bridge and river views in the city.
Living in Two Bridges is dynamic. You are at the crossroads of Chinatown and the new waterfront. As an evolving Manhattan NYC neighborhood, it blends winding historic streets with soaring new glass towers that have redefined the skyline.
Real Estate & Housing Market
The market for homes for sale in Two Bridges is a tale of two cities. On one hand, you have affordable co-ops and tenements; on the other, massive new luxury developments like One Manhattan Square offer resort-style amenities and premium pricing.
It is an investment hotspot. Buyers are attracted by the value proposition: luxury units here often cost less per square foot than in Tribeca, yet offer water views that are superior.
Lifestyle & Community
The lifestyle in Two Bridges is local and grounded. Residents shop at the nearby Chinatown markets and run along the East River Esplanade. It is less polished than Battery Park City but feels more authentic.
The community is a vibrant mix of long-time working-class families and new residents in the luxury towers. It is a neighborhood in the midst of a dramatic transition.
Transportation & Accessibility
Two Bridges is served by the F train at East Broadway. It is slightly further from the subway core than other neighborhoods, which contributes to its "hidden" feel.
However, the access to the FDR Drive is immediate, and the East River Ferry stop at Corlears Hook provides a scenic commute to Midtown or Wall Street.
Parks, Schools & Amenities
The neighborhood is flanked by waterfront parks, offering basketball courts and running tracks under the bridges. It has a raw, cinematic beauty.
Amenities in the new buildings are world-class (swimming pools, bowling alleys, private gardens), compensating for the lack of high-end retail on the immediate streets.
Who This Neighborhood Is Best For
Two Bridges is best for value-seeking luxury buyers who prioritize views and amenities over a central location, and for those who love the energy of the waterfront.
