America's Most Expensive Apartment to List at $150M

Today, we've got expensive things on our mind. First apartments, then homes. Maybe it's because cheap gas has left us with oodles to spend elsewhere. Maybe it's because we just got our tax refund and have no concept of moderation. Either way, enjoy a look at some expensive dwellings.

The Chetrit Group will reportedly list the triplex penthouse at Manhattan's Sony Building at $150M, easily making it NYC's priciest home and briefly stealing the superluxe condo thunder from the new pencil towers redefining the skyline. Per The Real Deal, here's what $150M will get whichever LLC is lucky enough to claim the prize: 21.5K SF on the 33rd through 35th floors accessed by a private elevator, eight bedrooms, eight bathrooms and the requisite 10 powder rooms.

The elusive real estate investor Joe Chetrit was the lead buyer in a 2013 deal to scoop up the former Sony HQ at 550 Madison Avenue for $1.1B. The record-breaking penthouse will tower over 95 other castles in the sky that all told should lead to a $1.8B sellout. That's not quite as lofty as 432 Park ($2.4B) and One57 ($2B). But the penthouse price tag, if met, would eclipse the current Manhattan sales record of $100.5M One57 set late last year. The price also trails 432 Park in the per square foot category: $6,975 to $10,489 for that building's $130M penthouse.

Still, it comes in at number two on the list of America's priciest homes, trailing only Jeff Greene's 53K SF Beverly Hills Xanadu.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

Bally's Lines Up $560M Loan For Bronx Casino: The N.Y. Deal Sheet

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Dublin BTR Had A €1B Summer

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Taconic Partners Sheds Another NYC Life Sciences Property

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing