A billionaire movie producer is selling a one-bedroom apartment that takes up an entire floor of NYC's Ritz-Carlton for nearly $40 million

RISE Media/The Corcoran Group

The apartment features a 53-foot terrace with sweeping views of Central Park.

• A billionaire who has produced movies including "Crazy Rich Asians" is selling a one-bedroom apartment in New York City for $39.5 million.
• It takes up an entire floor of Manhattan's iconic Ritz-Carlton building and is one of just 11 homes at the Ritz-Carlton Residences.
• The 8,000-square-foot home includes a 2,000-square-foot master suite, onyx and marble bathrooms, and a 53-foot terrace with front-and-center views of Central Park.

A lavish one-bedroom apartment in New York City's iconic Ritz-Carlton building has hit the market for $39.5 million.

The seller is Sidney Kimmel, a billionaire movie producer worth an estimated $1.3 billion, according to Forbes.

His New York City apartment, one of just 11 residences in the Ritz-Carlton across the street from Central Park, is on the market for $39.5 million, listed by Corcoran. Kimmel and his wife bought the apartment in 2001 for $22.3 million, according to Curbed, and commissioned architect Thierry Despont to redesign the space, which includes a 2,000-square-foot master suite, two terraces, two elegant dressing rooms, a full gym, and two onyx and marble bathrooms. 

Kimmel made his fortune in retail by founding Jones Group, an apparel company, that went on to sell brands including Stuart Weitzman and Nine West. More recently, he founded SK Global, an entertainment company, through which he was a producer for movies including the 2018 hit film "Crazy Rich Asians" along with "Moneyball" and "The Kite Runner."

Here's a look inside the opulent home, with its unbeatable views of Central Park.