Yahoo Finance A Duplex Penthouse Atop New York’s Central Park Tower Just Sold for $115 Million
Finally, after two years, a new real estate record has been set in New York City.
A penthouse atop Central Park Tower, the tallest residential building in the world, has officially closed for $115 million, according to Douglas Elliman’s Kent Wu, John Gomes, and Fredrik Eklund of the Eklund | Gomes Team, who represented the buyer. The duplex at 217 West 57th Street was reported to have gone into contract at the start of this year and the transfer marks the first $100 million-plus deal since 2022.
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Occupying the building’s 107th and 108th floors, the record-setting Billionaires’ Row aerie first hit the market for a whopping $175 million in March 2023. The asking price of the palatial pad was then taken down to $149.5 million, according to its StreetEasy listing. “It’s the most expensive residence we’ve ever sold,” developer Gary Barnett of Extell Development told The Wall Street Journal in January.
The apartment itself spans two stories and measures approximately 12,560 square feet. Altogether, the residence comprises seven bedrooms, eight full bathrooms, and two sprawling terraces. It also sports soaring 30-foot ceilings, a private in-unit elevator, a large library, a conservatory, and a home theater.
The duplex isn’t the only nine-figure unit in Central Park Tower. The skyscraper’s pinnacle condo, which is no longer officially on the market, made headlines in September 2022 when it was listed for a record $250 million. After failing to find a deep-pocketed buyer, Extell chopped the price of the triplex to $195 million. Despite the discount, it’s still one of the most expensive homes on the planet.
While New York City’s luxury housing market closed out 2023 with a 37.6 percent uptick in sales, none of those residences managed to cross that hefty $100 million threshold. One of the last mega transactions in the $100 million and above price range was when hedge fund billionaire Daniel Och of Och-Ziff Capital Management offloaded his penthouse at 220 Central Park South in 2022 for $188 million, nearly double the $93 million he shelled out in 2019. Then, a pair of apartments on East 66th Street owned by the late Microsoft co-founder Paul Allen closed together for $101 million that same year.
Click here to see more photos of the $115 million Central Park Tower duplex penthouse.
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