Rye City, NY 10580

Property

Ownership: For Sale
Type: Single Family
Rooms: 18
Bedrooms: 6 BR
Bathrooms: 4.5
Pets: Pets No
Lot Size: 0.23 Acres

Financials

Price:$4,495,000
505 Park Ave, New York, NY 10022
Listing Courtesy of R2M Realty Inc

Description

Welcome to your luxury new-construction home at 50 Franklin Avenue in the highly sought-after Rye Gardens neighborhood. Meticulously designed and custom-built by The Red Diamond Group, this ~4,525 square foot residence offers an exceptional blend of classic elegance and modern functionality. An open-concept layout and soaring 10-foot ceilings on the main level provide an ideal setting for both everyday living and sophisticated entertaining. The home includes an attached two-car garage and a dramatic 6’x8’ custom black steel and glass front door that makes a striking first impression. A grand two-story foyer with over 20-foot ceilings, intricate custom paneling, and 18-inch crown molding immediately sets the tone for the elevated finishes found throughout. The entire home is trimmed with 7-inch base floor molding, adding a sense of scale and refinement to each space. At the heart of the home is a chef’s kitchen featuring locally crafted custom cabinetry, a stunning 10-foot Taj Mahal Quartzite island with a double waterfall edge and two built-in refrigerator drawers for drinks and extra storage, and professional-grade appliances including a 48-inch Wolf Range and a 48-inch panel-ready Fisher & Paykel refrigerator. A 16-foot Pella sliding glass door seamlessly connects the dining area to a ~500 square foot Trex deck with TimberTech railings, creating a perfect indoor-outdoor entertaining space. The dining room also features a custom built-in coffee bar complete with an additional beverage fridge. Anchoring the adjacent living room is a 72-inch linear fireplace finished in matching Taj Mahal Quartzite, offering a focal point that ties the living space together. The primary suite occupies its own wing on the upper level, complete with two walk-in closets and a spa-like ensuite bath with a freestanding soaking tub and rain-head shower. Also on the upper level are three additional spacious bedrooms and two additional bathrooms, with each bedroom offering direct access to a bathroom—providing both comfort and privacy for family and guests. The walkout lower level includes a finished movie theater, a flexible sixth bedroom or gym / office space, and a separate guest suite. This level opens to a covered patio and a professionally landscaped private yard surrounded by Green Giant evergreens. Built with premium materials and systems, this home includes a hydro forced hot air HVAC system with three units and four zones—one for each floor and a separate zone for the primary suite—as well as a Navien gas boiler with an indirect hot water tank. Interior finishes include 5-inch select white oak hardwood flooring throughout and a comprehensive custom millwork package with built-ins, vanities, and walk-in closets all featuring bespoke cabinetry. The home is fully wired for a smart home system and includes a keypad alarm, security cameras, Sonos speakers, and LED 4-inch recessed lighting powered by a 200 AMP electrical panel. The home also features Pella Lifestyle Series windows with SDL grilles offering energy efficiency and timeless style. The exterior is finished in Arctic White James Hardie lap and shake siding. Move-in ready by September 2025. Located just a short walk to Osborn Elementary, Rye Middle School, and Rye High School and ~40 minute train to Grand Central this property offers privacy, luxury, and convenience in the Rye suburbs with quick direct access to NYC

Amenities

  • Basement
  • Breakfast Bar
  • Built-in Features
  • Cable - Available
  • Chandelier
  • Chefs Kitchen
  • Convection Oven
  • Cooktop
  • Crown Molding
  • Dishwasher
  • Double Vanity
  • Dry Bar
  • Dryer
  • Eat-in Kitchen
  • Electric
  • Electricity Connected
  • Electric Oven
  • ENERGY STAR Qualified Appliances
  • ENERGY STAR Qualified Door(s)
  • Entertainment Cabinets
  • Entrance Foyer
  • Formal Dining
  • Freezer
  • Gas
  • Gas Cooktop
  • Gas Range
  • High ceiling
  • High Speed Internet
  • His and Hers Closets
  • Indirect Water Heater
  • In-Law Floorplan
  • Kitchen Island
  • Living Room
  • Microwave
  • Natural Gas Connected
  • Natural Woodwork
  • Open Floorplan
  • Open Kitchen
  • Oven
  • Phone Available
  • Primary Bathroom
  • Quartz/Quartzite Counters
  • Recessed Lighting
  • Refrigerator
  • Sewer Connected
  • Smart Thermostat
  • Soaking Tub
  • Sound System
  • Speakers
  • Stainless Steel Appliance(s)
  • Storage
  • Tray Ceiling(s)
  • Underground Utilities
  • Walk-In Closet(s)
  • Washer
  • Washer/Dryer Hookup
  • Water Connected
  • Whole House Entertainment System
  • Wine Refrigerator
  • Wired for Sound

Welcome to your luxury new construction home at 50 Franklin Avenue in the highly sought after Rye Gardens neighborhood.


Long Island MLS

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.