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New York City's New Most Expensive Apartment Will Cost $130 Million

Sep 25, 2014, 01:23 IST

New York has some of the most expensive real estate in the world, and there are no signs this will change.
On Tuesday, it was revealed that NYC's latest most expensive condo will be a $130 million triplex penthouse in the yet-to-be-completed 520 Park Avenue building. This mansion in the sky will have over 12,000 square feet, a 1,257-square-foot terrace, and gorgeous views of Central Park. It will go on sale with other building units beginning early next year, according to Bloomberg, and will be completed with the rest of the building in 2017.
The 54-story tower is being developed by Zeckendorf Development Co. and designed by Robert A.M. Stern Architects. It will be nearby other luxury high-rises on the so-called Billionaires' Row, sitting between 60th and 61st Street. There will be a total of seven duplexes in 520 Park Avenue with over 9,000 square feet each and starting at $67 million. Twenty-three single-floor units will make up the rest of the building's condos and will be priced at a more modest $16.2 million with 4,600 square feet, according to the company press release. The building itself will also have plenty of amenities, including a swimming pool, bi-level health and fitness center, sauna, children's playroom, and screening room. The $130 million triplex will join the Woolworth Building's $110 million penthouse and the $118 million trio of penthouse apartments at Battery Park City's Riz-Carlton residences as some of the most expensive homes ever listed in New York City. And though not many rendering are yet available, here's an idea of what the building's pool will look like. We can't wait for the official floor plans.

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