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1,000-Square-Foot Terrace Asks $4.25M on Park Ave South

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We've had cheaper outdoor spaces on the brain, but sometimes the more expensive outdoor space is, well, more impressive. Like this 1,000-square-foot terrace attached to 240 Park Avenue South's PH15B. The place just hit the market asking $4.25 million, and the outdoor space is the most remarkable thing about it. The unit last sold for $3.411 million in 2008, and in the interim, its neighbor drew some pricing criticism on an episode of Selling New York. The building also sparked the show's first lawsuit on the grounds that "digital recreations" of Heptagon Creations' tables and chairs were shown to buyers without permission in a presentation about a building penthouse. No wonder there's no furniture in these listing pics.

· Listing: 240 Park Avenue South [Elliman]
· NYC's Biggest Outdoor Spaces Asking Under $1 Million [Curbed]
· 240 Park Avenue South [Curbed]