$98M, 5-Floor Penthouse in NYC Is Most Expensive New Listing


Amazon founder Jeff Bezos hasn’t bought up all of the pricey penthouses in the neighborhood. At 172 Madison Ave., a five-floor penthouse has landed on the market for a whopping $98 million.

Called Le Penthouse, the 20,000-square-foot abode is Le most expensive new listing this week on realtor.com®.

This luxury apartment in Midtown will be delivered “white box,” meaning that the buyer should expect to shell out many millions more to finish it.

On the plus side, the pool and glass hot tub on the rooftop deck are completed. “This is a very special feature of the apartment,” says listing agent Raphael Sitruk.

Sales of units in the building began about two years ago. But the pièce de résistance penthouse just came on the market. With warmer weather rolling into the city, it’s a perfect time to show off the 4,500 square feet of outdoor space that comes with the unit.

The images currently associated with the listing are renderings to give a sense of what could be done with the space.

Rendering of five-floor unfinished penthouse


Rendering of high ceilings and river-to-river views


Rendering of dining room


Rendering of private roof deck with pool and glass hot tub


“We can provide plans,” says Sitruk. “But we’re thinking the buyer with this kind of space will have dreams. You have so much space and high ceilings, you can do anything you want to do.”

With that kind of square footage, you can probably fulfill all of your dreams at once. Wine tasting room? Check. Bowling alley? Dance studio? Candy room? Check, check, check.

Each of the five floors boasts more than 3,500 square feet of space, and all feature terraces. In addition, the apartment features 18- to 23-foot-high ceilings and river-to-river views.

The building is located south of Billionaires’ Row, closer to the Empire State Building than Central Park. Amenities in the 33-story, 69-home building include a lap pool, gym, clubroom, lounge, and pet spa.

“I love the building,” Sitruk says. “I moved in myself with my family. The area is great, and we’re close to everything.”

Even Bezos reportedly bought a penthouse eight blocks away, Sitruk adds.

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Source: Housing Trends Feed