Why ask $10,000 a foot for one 432 Park pad when you can do it for two?

Penthouse at 432 Park split into two $41M units

New York /
Dec.December 19, 2017 12:50 PM

After a run on the market as a single unit, a full-floor penthouse at 432 Park Avenue is being listed as two separate units priced at $41 million and $40.5 million.

The 94th floor unit was originally asking $82.5 million, or just under $10,000 a foot, boasting six bedrooms and spanning 8,255 square feet. The two half-floor units now offer just under 4,000 square feet, asking just over $10,000 a foot.

Douglas Elliman’s Shari Scharfer-Rollins, Sabrina Saltiel, Roger Erickson and Richard Steinberg have the listing, according to Mansion Global.

A similar unit on the 95th floor is currently listed for $82 million.

Earlier this month, three $40 million units at 432 Park went into contract on the same day to the same buyer. The three neighboring units were on the 92nd and 93rd floors and the timing suggests the possibility of a $120 million megamansion in the sky.

Macklowe Properties and CIM Group developed the tower. Harry Macklowe recently testified in Divorce Court that his profits from the deal were $350 million less than he had expected. — Chava Gourarie


Related Articles

arrow_forward_ios
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
Clint Eastwood and The Ranch at Fisher Creek (Getty, Engel & Völkers Vancouver/Sona Visual)
“Unforgiven” ranch listed for $19.2M
“Unforgiven” ranch listed for $19.2M
Denny Hamlin, Dale Earnhardt Jr., and Ricky Stenhouse with 355 Pelham Lane (Getty, Corcoran HM Properties)
The NASCAR effect: How racers turned Lake Norman into trophy home heaven
The NASCAR effect: How racers turned Lake Norman into trophy home heaven
DDG's Joseph McMillan and a rendering of 180 East 88th Street (March Made/DDG; Illustration by The Real Deal)
DDG’s Upper East Side penthouse asks $33M, thanks to zoning loophole
DDG’s Upper East Side penthouse asks $33M, thanks to zoning loophole
From left: Fannie Mae's Hugh Frater and Freddie Mac's Michael DeVito
Government to back home loans over $1M
Government to back home loans over $1M
(Getty/Illustration by The Real Deal)
TRD Pro: 7% mortgage rates are not so bad
TRD Pro: 7% mortgage rates are not so bad
Case-Shiller, Home Prices, Housing Market, Residential Real Estate
US home prices lose more momentum
US home prices lose more momentum
56 Middagh Street and 50 Bridge Park Drive #20B (Streeteasy, Quay Tower BK, Getty)
Brooklyn Heights townhouse, Quay Tower score borough’s biggest contracts
Brooklyn Heights townhouse, Quay Tower score borough’s biggest contracts
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...