$100 mm sale of Manhattan apartment sets new record

One57 aka 157 West 57 street, has broken the residential apartment record previously set by 15 CPW sale 4 years ago. The previous record purchase was made by the daughter of a Russian billionaire for $88mm. The sale which closed at just over $100mm for the 89th and 90th floor of One57 sets a new benchmark for Manhattan luxury real estate. The apartment which is 11,000 square feet was sold at approximately $9k per square foot while the apartment at 15 CPW was sold at $13k per square foot. The duplex apartment has helicopter views of Central Park and high ceilings. The building features a Park Hyatt hotel on the lower floors and the residents have access to these amenities.

This record may or may not stand for too long as 520 Park avenue has a penthouse which will enter the market at $130mm.

See NYDN coverage

One thought on “$100 mm sale of Manhattan apartment sets new record”

Comments are closed.