The Real Deal New York

Extell’s Barnett lists West End Avenue penthouse for $37.5M

July 08, 2011 09:34AM

Extell Development President Gary Barnett has listed his duplex penthouse at Extell’s 535 West End Avenue for $37.5 million, which, if it closed for that price, would rank it among the top 20 apartments ever sold in Manhattan, according to the Wall Street Journal. The apartment features 11 full bathrooms, two half-baths and 2,400 square feet of terrace.

“The residence is one of a kind in New York City,” Barnett said. “At one point we were thinking we would perhaps live there. Whatever plans there were have changed. We are not moving.”

If sold for the asking price, the unit would also be the highest priced apartment on the West Side north of a few celebrated projects, like 15 Central Park West. The asking price works out to just over $2,721 per square foot, excluding the terrace, less than half the average asking price for condos at 15 Central Park West.

Raphael DeNiro of Prudential Douglas Elliman has the listing, which he expects will sell to a New Yorker, perhaps someone in finance, the Journal said.

Barnett is staying in his almost equally large Queens home. [WSJ]

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