A 7,400-square-foot luxury townhouse in Manhattan has gone on the market for a whopping $14.6 million.

Encompassing six and a half stories, the seven-bedroom property at 244 East 48th Street is the ultimate party pad with the capacity to hold up to 100 guests. Located near Central Park, the unit has been completely transformed and rebuilt over a two-year period, says real estate advisor Dane Hope of Leslie J. Garfield, a local luxury real estate firm.

“This newly reconstructed townhouse is one of the most eagerly anticipated projects to hit Midtown East. Fitted with the finest in natural woods, stone and marble, and delivered to a turnkey finish with new interiors by Meridith Baer, it is a trophy home worthy of any portfolio," he says. "It fits the purpose for large-scale entertaining, or indeed relaxing in privacy over its many floors.”

The dazzling amenities include coffered ceilings, a rooftop deck with breathtaking city views, and an elevator. The custom-built kitchen comes with Gaggenau appliances and a Carrera marble breakfast-island. Bi-folding doors are the rear of the house lead to a patio with step access to the backyard.

The fifth-floor master suite includes two walk-in closets and a separate bathroom and spa room with contrasting marble finish, freestanding bathtub, shower room, and individual his and hers washbasins with integrated storage.

Although $14 million might seem like a lot for a townhouse, it doesn't come close to the city's priciest units, shown here in a recent roundup from Curbed New York.