New York’s most expensive* rental is a One57 unit asking $125K per month

Home is on the 80th floor of the building and spans about 6K sf

TRD New York /
Oct.October 25, 2018 11:15 AM

One57’s Apartment 80 at 157 West 57th Street (Credit: Corcoran)

Another unit at One57 has hit the market, and this one lays claim to being the most expensive non-hotel rental throughout New York City.

The 80th-floor residence is asking for $125,000 per month, according to Curbed. It spans about 6,250 square feet with four bedrooms and floor-to-ceiling windows, and it can also be rented furnished for $150,000 per month.

One57’s Apartment 80 at 157 West 57th Street (Credit: Corcoran)

The landlord appears to be the estate of billionaire Brazilian businessman Edson Bueno, who closed on the full-floor pad for $53 million in 2014. Bueno died of a heart attack in 2017.

Several people who have sold their units at Extell Development’s One57 this year have taken losses on them. Unit 77 recently sold for $42 million after the buyer purchased it in 2015 for $47.8 million, and Canadian billionaire Lawrence Stroll purchased his unit for $55.6 million in 2014 and sold it in May for $54 million. [Curbed] – Eddie Small


Related Articles

arrow_forward_ios
40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

Daily Digest Thursday

Worker killed at Lam Group construction site, Uber signs WTC lease: Daily digest

Developers are offering to pay the increased mansion and transfer taxes to give them an edge in a difficult market. (Credit: iStock)

Amid slow sales, developers give buyers a break on mansion taxes

arrow_forward_ios