Please note that the above-referenced price reflects the Reserve Price for the property, which is being marketed for sale by luxury private auction. Bidding is open now through November 2. Seller reserves the right to accept or reject bids. Additional terms apply. Please visit Paramount Realty USA's website for more details.

Make your home in one of the city's most desirable enclaves in this expansive Lenox Hill four-bedroom, four-bathroom full-floor residence featuring a gracious layout, open views and four private terraces. Situated in an intimate full-service condominium just a block-and-a-half from Central Park, this home offers front-row access to Manhattan's best shopping, dining, art and culture.

The exceptional 2,600-square-foot property welcomes you with a private elevator hall and a gracious foyer flanked by large closets. Offering an ideal layout for entertaining, the stately entry gallery leads to a 28-foot-long living room where walls of south-facing windows open to a long private terrace. Gleaming hardwood floors, tall coffered ceilings and recessed lighting underscore the grand proportions. Pocket doors throughout the home allow you to conceal and reveal living spaces and private quarters as desired.

To the right of the gallery, plan lavish gatherings in the large dining room featuring its own north-facing terrace and open-sky views. An adjacent study with built-ins can easily serve as a fourth bedroom, while the nearby hall provides a guest bath, closet and in-unit washer-dryer. In the windowed kitchen, you'll find abundant white cabinetry, granite counters, stainless steel appliances and a service entrance.

From the entry gallery, access the private bedroom wing, including a sprawling owner's suite with four closets, including two walk-ins, a private balcony and an en suite bathroom. Another well-appointed suite offers its own balcony, walk-in and bathroom. A third bedroom is placed across from a large hall bathroom. Numerous closets throughout the home ensure storage will never be a concern.

40 East 61st Street is a handsome Art Deco pre-war condominium built in 1928. Converted to residential use in the 1980s, the pet-friendly boutique building offers a stately lobby, a full-time doorman, a live-in superintendent, and laundry facilities.

Located between Park and Madison, this home invites you to spend the day at iconic Central Park, peruse outstanding Madison Avenue boutiques and dine at world-famous destinations. Easy access to Midtown, the Theater District, Lincoln Center and the U.N. completes this coveted, central district. Transportation is effortless with N/Q/R/W, 4/5/6 and F trains, excellent bus service and CitiBikes all nearby.