The Most Expensive Condo in NYC

Walking around Manhattan these days requires a hard hat, given all the construction going on. And so, I was wondering what the most expensive condo in the city was presently. According to CityRealty100, a web site that tracks prices of the city’s 100 best-selling condo buildings, the current highest price per square foot is Sting’s 15 Central Park West apartment. This 5,400 square foot apartment is on the market for $56 million, or a price per square foot of $10,337.

Just eight apartments sold at 15 Central Park West between July 1, 2016 and June 30, 2017, but the average price per square foot of those sales came in at $7,227, boosting the building to the top of the list. It was succeeded by 432 Park Avenue, whose 45 sales this past year had an average price per square foot of $5,930. In third place came the Residences at the Mandarin Oriental ($5,215), followed by Superior Ink ($4,858), Walker Tower ($4,718), Time Warner Center ($4,638), and One57 ($4,282).

According to this year’s report, the average price per square foot for the city’s top 100 buildings came in at $2,788, representing a 9% increase from last year. CityRealty forecasts that the average price per square foot in the city’s most expensive buildings will only go up in 2018 to peak above $3,000 for the first time.

So what do you get for $56 million you may be wondering?

You get a duplex penthouse with spectacular Central Park and city views from grand windows on two levels and a sprawling terrace. The space is laid out on two floors with 10’ ceilings throughout. The penthouse features a dramatic gallery with a sculptural winding staircase and an open style living room complemented with glass French doors, an elegant dining room with an additional entertainment and media area, and a designer chef’s catering kitchen with top-of-the-line appliances. The luxurious master bedroom suite boasts oversized windows and French doors providing breathtaking vistas of Central Park, two large dressing rooms, an opulent spa bathroom and an additional bathroom with rain shower and steam.

Below are photos of this magnificent home.

 

 

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