Related finally prices One Madison: $50M triplex, $1.8M studio

TRD New York /
Sep.September 13, 2013 09:00 AM

Related’s One Madison Park is on the market at last and prices at the redeveloped glass tower start at nearly $2 million and soar to $50 million.

The building, in the Flatiron District will have 53 apartments. A studio will cost $1.83 million and a 7,000-square-foot, five-bedroom triplex penthouse tops out at $50 million. Above the lobby, there will be two 4,000-square-foot townhouses, which will be listed for $8.85 million to $10.85 million.

Amenities include a 50-foot pool, gym, a steam room, a children’s playroom, a screening room and a private dining room. Last year, Related revamped the 22nd Street entrance, lobby, amenities, apartment layouts and finishes.

In July, after a series of changes and delays, Related announced that a sales office would open after Labor Day, as previously reported. The tower is expected to open early next year.

“This is a very unusual product, there just aren’t many full-floor apartments with these kind of views available, especially downtown,” Michele Kleier of Kleier Residential told the New York Times. [NYT]Mark Maurer

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