Central Park Tower penthouse gets $55M price cut

Central Park Tower penthouse gets $55M price cut

September 18, 2023

Photo courtesy of Cody Boone for SERHANT.

The highest residence in the world just got a lower price tag. The triplex penthouse at Central Park Tower was listed for $250 million last September, considered the most expensive home in the country if it found a buyer. But after a year on the market, the apartment is now asking $195 million, a price cut of $55 million, or 22 percent, as Bloomberg first reported. The discounted ask means the penthouse is no longer in the running for the priciest home sale in the United States.

Photo courtesy of Cody Boone for SERHANT.

The most expensive sale remains a $238 million apartment at 220 Central Park South, bought by hedge-fund founder and billionaire Ken Griffin in 2019.

Sitting 1,416 above New York City on Billionaires’ Row, the highest residence in the world spans across the tower’s 129th, 130th, and 131st floors. The seven-bedroom, 11-bathroom home includes two kitchens, two ballrooms, several living and entertainment spaces, a media room, a library, a study, and a separate service entrance.

Photo courtesy of Evan Joseph

The residence features more than 17,500 square feet of space and soaring ceiling heights of up to 27 feet. Other features of the unit include a spiral staircase, and the highest private terrace in the world that measures more than 1,433 square feet.

Ryan Serhant of SERHANT. holds the listing for the home and told the New York Post last year that the soaring penthouse is “above noise.”

“When you are on the terrace, you hear nothing — maybe an airplane, but that’s it. You are above sound. It’s so serene. It is magical. You are 1,400 feet in the air, stepping out onto your own terrace, surrounded by a huge glass wall. There has never been anything like it,” Serhant told the Post.

Another penthouse at Central Park Tower received a decent discount recently. Originally asking $175 million when it hit the market in March, the duplex on the 107th and 108th floors of the building is now listed for $149,500,000, a price cut of nearly 15 percent.

Photo courtesy of Evan Joseph

Developed by Extell and designed by Adrian Smith + Gordon Gill Architecture, the Central Park Tower is located on West 57th Street and contains a seven-story Nordstrom flagship store, 179 luxury condo units, and the highest private amenities club in the world.

The building’s amenities suite, known as the Central Park Club, contains 50,000 square feet of luxury amenities situated across three floors.

The 100th floor features a grand ballroom with space for 120 seats, a private bar, and a restaurant run by Michelin-starred chefs. Located on the building’s 14th floor is a 60-foot outdoor swimming pool and private garden, while the 16th floor is dedicated to fitness and wellness, with an indoor saltwater pool, gym, sports courts, and more.

[Listing details: Central Park Tower at CityRealty]

[At SERHANT. by Ryan Serhant]


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