Aman New York condo sells for $61.58M

February 6, 2024

All images courtesy of Aman New York

An apartment on Fifth Avenue has sold for $61.58 million, according to city records. Terence Chan, chair of Hong Kong-based private equity firm Bay Area Capital Partners, closed on the four-bedroom apartment at Aman New York, an ultra-luxe hotel-condo with 83 hotel rooms and 22 residences inside the iconic Crown Building, Crain’s reported.

Courtesy of the Aman New York

The apartment takes up the entire 24th floor, measures about 6,300 square feet, and includes a library and home theater. According to the offering plan, the apartment was originally listed for over $70 million. The residence went into contract in 2018 and closed this week. The Wall Street Journal first reported the closing.

Located on Fifth Avenue and 57th Street, Aman New York sits within the restored, 100-year-old Crown Building that has been reimagined by architect Jean-Michel Gathy. The tower includes an 83-key hotel and 22 private residences, which have a separate entrance from the hotel on 56th Street.

Amenities include a 14th-floor sky lobby with a piano bar, a members club and cigar lounge overlooking Central Park, three restaurants, and the Aman Spa, which includes three levels of wellness amenities, including a fitness studio, indoor swimming pool, and more.

The building has recorded several deals over $20 million, including a $74.3 million home that sold in 2022 and a $180 million penthouse in the actual crown of the building that entered contract six years ago but has not closed yet.

The sale marks the second major Manhattan deal in a week; an unnamed buyer paid $72.5 million for a townhouse in Greenwich Village in an off-market deal.


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