New York's most expensive penthouse listed at $130m

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A triplex penthouse at Zeckendorf Development Co.’s tower under construction on Manhattan’s Upper East Side will be offered for sale at $130 million, making it New York’s most expensive apartment listing.

Bloomberg News reports that the 12,394-square-foot (1,151-square-meter) property will span the top three floors at 520 Park Ave., where sales will begin the first quarter of next year, Arthur Zeckendorf said in an interview on Tuesday.

The tower’s offering plan, which details units for sale and their prices, was approved by the New York State attorney general’s office last week, allowing the developer to begin marketing the 31 apartments, Zeckendorf said. The building, between 60th and 61st streets, will include seven duplexes of about 9,138 square feet each, starting at $67 million, according to the plans. Single-floor units of about 4,600 square feet will start at $16.2 million.

The triplex would be the most expensive listing for an apartment in New York history, Jonathan Miller, president of appraiser Miller Samuel Inc., said in an interview.

Hit the link below to access the complete Bloomberg News article:

NYC’s Most Expensive Condo to Be Listed at $130 Million

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