A beautiful apartment that has already made history as the world’s tallest residential building has set new records with a $250 million price tag, making it the country’s most expensive property.
Known as the Central Park Tower, the skyscraper is in the “billionaire rank” and broke the record for the tallest residential complex in the world at 1,550 feet when construction finished in 2020, and now the tower is making a comeback in the US. books. Date. , this time with the bid price.
According to Zillow, the expensive listing is the most expensive listing in the United States, in addition to Michael Eisner’s California property, which was listed at $225 million.
If the Tower luxury condominium were sold, its high price would make it the most expensive property in the county to date, and the luxury penthouse would surpass the previous home sale for a stunning price at 220 Central Park South across the street. 238, overthrow millions.
The world’s tallest penthouse is currently priced as the most expensive in the country – a staggering $250 million
Central Park Tower is in the ‘billionaire’ rank and when its construction finished in 2020, it set the world record for tallest condominium tower at 1,550 feet.
According to Zillow, the expensive listing is the most expensive listing in the United States, in addition to Michael Eisner’s California property, which was listed at $225 million.
The beautiful loft has seven bedrooms distributed between 129 and 131 floors and has a total area of more than 17,500 square feet.
The last two years have seen an increase in the number of homes sold at very high prices.
Nine-figure deals took place in New York City, Miami, Malibu and Palm Beach, Florida; so it’s no surprise that the Big Apple tops the most expensive list.
The luxury property is located at 57th Street between Seventh Avenue and Broadway and has been for sale since construction was completed in 2018.
The beautiful loft has seven bedrooms spread over floors 129 to 131 and has a total area of more than 17,500 square meters.
And the extreme height doesn’t stop at the tower, as each room has a ceiling that can reach 30 feet with a spiral staircase connecting each floor.
The private ballroom or entertainment area on the top floor warrants the very high price.
If you haven’t sold the luxury condo yet, the impressive condo offers stunning city views overlooking Central Park and the Hudson and East Rivers.
If the Tower luxury condo is sold, it will be the most expensive ever, reversing the previous sale of the flat, which sold for $238 million.
The last two years have seen an increase in the number of homes sold at very high prices. Nine-figure deals took place in New York City, Miami, Malibu and Palm Beach, Florida.
The luxury property is located at 57th Street between Seventh Avenue and Broadway and has been sold since construction was completed in 2018.
Listing agent Ryan Serhant told The Wall Street newspaper that the price was justified as no renovations were needed.
‘You only need four years to renovate to create your dream home. It was built for you.’
Developer Gary Barnett stated that the skyrocketing cost was a “bargain”.
“There are many works of art that cost $100 million or even $200 million. “When you compare that to 5,000 feet of steel, brick and glass at the top of the world, that seems like a relative deal,” he said.
Barnett added that he knew Tower’s flashy flat would be sold as it was a “unique” property.
So far Barnett has about $1 billion worth of condos in his apartment, but is expected to sell for more than $4 billion by then.
The developer has significantly reduced the price of apartments in the Central Park Tower.
He recently sold a five-bedroom apartment for $43 million, which is 32.5 percent of the original price.
The highest priced unit appears to be the 53rd floor apartment, which closed for $50 million.
According to a market report by Douglas Elliman, the average home price in Manhattan was 10.5% higher in the second quarter than in the same period last year.
Luxury homes are up 15.4%, while UrbanDigs data shows that the number of real estate contracts signed in New York is down nearly 30% from the August 2021 surcharge.
Serhant explained that he does not believe changes in the market will affect a home at this ultra-high price point.
He told the WSJ: “It’s not in time. This is not the type of real estate you expect for the spring market or the fall market.’
Source: Daily Mail
