Manhattan’s top 10 priciest homes by square foot: PHOTOS
September 18, 2013 05:20PM
By Julie Strickland
#10. 502 Park Avenue
Trump Park Avenue’s $25 million condo, one of the smaller properties on our list, has 3,131 square feet of space, bringing the cost to $7,959 per square foot. Emilie O'Sullivan and Kathy Slattery of the Corcoran Group have the listing.
#9. 20 West 53rd Street
The penthouse at the under construction Baccarat Hotel & Residences, with an asking price of $60 million, is the only new development on the list. The property comes with five bedrooms and 7,381 square feet of space, ringing in at $8,129 per square foot. The Baccarat Hotel & Residences are handling the listing in-house.
#8. 635 West 42nd Street
The $85 million condo at the Moinian Group-developed Atelier at 635 West 42nd Street, with ten bedrooms and a sprawling 10,000 square feet of space, is a relative bargain at only $8,500 per square foot. Not yet built, the property consists of nine units that could be combined into one apartment. Dan Neiditch of River2River Realty has the listing.
#7. 25 Columbus Circle
One of three Time Warner Center properties to make the list, this penthouse condominium has a higher asking price than its counterparts at $75 million, but is actually comparatively less expensive when examined on a per-square-foot basis. Spanning 8,274 square feet, this luxurious home rings in at $9,064 per square foot. Brenda Powers and Elizabeth Sample of Sotheby's International Realty have the listing.
#6. 1 Central Park South
The $59 million penthouse at the legendary Plaza offers 6,319 square feet. Broken down, that’s $9,336 per square foot. Kyle Blackmon of Brown Harris Stevens has the listing.
#4. 721 Fifth Avenue
The $24.5 million condo in the Trump Tower extends across a relatively snug 2,195 square feet of space, giving it a hefty price tag of $11,161 per square foot. Lika Neoly Williams and Etienne Lafaye of Douglas Elliman have the listing.
#3. 150 West 56th Street
The octagonal penthouse condo owned by Steven Klar and originally intended for CitySpire developer Bruce Eichner has 8,000 square feet of space and an asking price of $100 million. Per square foot, the property rings in at $12,500. Coleen Brooks of Klar Realty has the listing.
#2. 25 Columbus Circle
Another Time Warner Center condominium to make the list, this $50 million, 3,923-square-foot property has the second-highest breakdown at $12,745 per square foot. Lauren Muss of the Corcoran Group has the listing.
#1. 151 East 58th Street
Embattled hedge funder Steve Cohen’s penthouse condo at the Vornado Realty Trust-developed One Beacon Court has an asking price of $115 million and sprawls across 9,000 square feet, giving it an eye-gouging price-per-square foot of $12,777. Deborah Grubman and David Dubin of the Corcoran Group have the listing.
Floating staircases, marble baths and coveted addresses often result in stratospheric asking prices for Manhattan’s most luxurious homes. But where does a Big Apple buyer get the best bang for his buck?
We teamed up with StreetEasy to round up the most expensive single-family homes on the market in Manhattan, based on asking price per square foot. Every property to make the list was a condominium, and the majority was clustered around Midtown.
Yet, even if these condos sell at their stratospheric price tags, none would set a record, at least not by price per square foot. The current record holder for the priciest closing price per square foot is the $88 million penthouse at 15 Central Park West, which rang in at more than $13,000 per square foot for the home’s 6,744 square feet of space.
Conspicuously absent from the list was Barbara Digan Zweig’s penthouse at the Pierre, which spans three floors at 2 East 61st Street. The listing does not indicate the square footage of the property and Elizabeth Sample, who is listing the property with her Sotheby’s International Realty colleagues Brenda Powers and Serena Boardman, declined to disclose the information.