10 Sullivan Street’s $45M penthouse to be completed next year

Unit atop 204-foot tower to have private pool, rooftop lounge and 23-foot ceilings

Full-floor living room rendering at 10 Sullivan Street
Full-floor living room rendering at 10 Sullivan Street

The three-floor penthouse at Madison Equities and Property Markets Group’s 10 Sullivan Street will be completed next year and is asking $45 million.

Perched atop the 204-foot tower — architect-turned-developer Cary Tamarkin’s tallest design project to date — the unit will feature curved glass windows and a triangular shape reminiscent of the Flatiron Building, the New York Daily News reported. The 8,360-square-foot home will also be decked out with a private pool, rooftop lounge and 23-foot tall ceilings.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

The unit will be one of 19 in The Sullivan Street tower, where prices start at $2.97 million for a 1,210-square-foot two-bedroom. The property will also include four adjacent 25-foot-wide townhouses that are five stories apiece, each with elevators, as previously reported.

Madison’s involvement in The Sullivan Street project began in 2010, when it picked up a portion of the site at 140 Sixth Avenue, with plans to build a hotel in partnership with California-based private equity firm CIM Group. CIM bowed out when Madison began leaning toward a condo project in lieu of a hotel, and Madison bought out CIM’s interest in the project in 2012. PMG was then brought on board. The partners secured city approval for a variance required to construct the building in late 2013, needed because the area was zoned for commercial and industrial uses. [NYDN]Julie Strickland