NYC penthouse sells for $135 million in the most expensive purchase since 2022

By Bricksnwall | 2024-07-10

A penthouse at Aman New York sold for $135 million, becoming the most expensive home acquired in Manhattan this year.

At $135 million, an Aman New York penthouse was up for sale, making it the most expensive dwelling purchased in Manhattan this year.

According to a spokeswoman for developer OKO Group, the five-story apartment atop the historic Crown Building on Fifth Avenue was offered as unfinished property, with the buyer responsible for finishing it. The bargain for the approximately 12,500-square-foot (1,160-square-meter) unit is more than $10,000 per square foot.

The purchase of an apartment in the neighbouring Central Park Tower in June for $115 million was surpassed by this deal. In January 2022, a property connected to Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding Ltd., closed on a $188 million apartment at 220 Central Park South, making it Manhattan's most expensive sale to date.

The two recent nine-figure transactions imply that some extremely rich purchasers still have a taste for opulent houses, despite the fact that the median price of apartments sold in Manhattan has dropped from all-time highs. 

The penthouse transaction was handled by the internal residential brokerage division of OKO Group, and it concluded late last week. An official for the project declined to give pictures of the flat or to reveal the buyer's identity.

Vlad Doronin, the chief executive officer of Aman, founded the development company, which finished converting the old office building at the intersection of Fifth Avenue and 57th Street in 2022. 

Aside from the project's 22 condominiums, owners can take advantage of over 80 hotel rooms, a spa, a fitness centre, restaurants, and other facilities. 

Source: HindustanTime