One of NYC's most expensive apartments just hit the market - see inside a $169 million penthouse
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Brittany ChangJul 22, 2021, 21:58 IST
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New York City. Home of bagels, pigeons, and infamously expensive apartments.
But if you think paying $2,500 for a one-bedroom apartment up five flights of stairs is a lot, wait until you see the latest penthouse to hit New York City's estate market.
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Let's take a look inside the newly listed $169 million 432 Park Avenue penthouse apartment, right on "Billionaires Row."
The 8,255 square-foot apartment sits on the 96th floor - the top floor - of the controversial 432 Park Avenue skyscraper.
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This price rings in at $20,472 per square foot, according to the Streeteasy listing.
The 1,396-foot tall 432 Park Avenue is one of the tallest residential buildings in the world, according to a press release.
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It's just a short stroll away from Central Park …
… and has 30,000 square feet worth of amenities like a private restaurant and lounge, indoor pool, gym, sauna, terrace, and a children’s play area, to name a few amenities.
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Now let's take a closer look at the penthouse itself.
The apartment was previously owned by Fawaz Al Hokair, a Saudi real estate and retail powerhouse who purchased the apartment in 2016, Katherine Clarke reported for Wall Street Journal.
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If the apartment is sold at the listed $169 million, the price of the penthouse will be almost double what Al Hokair spent …
… and will be one of the most expensive properties to have ever been sold in the US, according to the Wall Street Journal.
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It's now being listed with Ryan Serhant, CEO of his own brokerage firm Serhant and star of Bravo's "Million Dollar Listing New York."
The home has six bedrooms, seven bathrooms …
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… a library, and two powder rooms.
Let's start with the primary bedroom, which has corner windows with views of the city and Central Park.
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The space also includes a seating area, walk-through closet …
… and an en-suite bathroom with marble walls, heated floors, and a floating tub.
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The five other bedrooms also have large closets and en-suite bathrooms, of course.
And what would be a luxury apartment without a private elevator? This one opens right into the great room.
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Speaking of which, let's head to the 93-foot long room, which includes a living and formal dining space.
The great room also has a wood-burning fireplace.
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In true luxury apartment fashion, this expansive communal space will have 360-degree views of Manhattan, New York through the 24 10-foot by 10-foot windows.
These windows occupy most of the 12.5-foot tall walls, providing sky-high views of the city.
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Now, let's explore the kitchen space, which has full views of Central Park.
The eat-in kitchen has high-end finishes like an island, marble floors, counters, and backsplashes …
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… dining spaces like a breakfast bar ...
… a pantry with an additional sink, and Miele appliances.
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All of the furniture and art you've seen on this tour is included in the $169 million price tag.
This includes all of the Fendi, Bentley, and Hermes branded furniture pieces, as well as the custom piano.
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There's also a washer and dryer in-unit, a luxury and rarity for New York City apartments (but not in this price range).
If all of this sounds enticing to you, just be ready to shell out the $169 million, plus an additional $24,012 for common charges and $14,811 in monthly taxes.