Rupert Murdoch’s penthouse at One Madison has finally found a buyer.
The 7,000-square-foot abode at 23 East 22nd Street entered contract last week with a last asking price of $29 million, according to Olshan Realty’s weekly report on properties asking $4 million or more. The move comes after the asking price hovered roughly $15 million below what he paid for it in 2014.
The media magnate’s triplex has drifted on and off the market since March 2022, when he listed it for $62 million.
Murdoch bought the five-bedroom apartment and another three-bedroom unit in the building for a combined $58 million. He sold the smaller Unit 57B in October 2022 for $12.5 million.
The penthouse, which spans the top three floors of the building, returned to the market in April for $39 million. The condo has six bathrooms and a corner great room with double-height ceilings. It also features a nearly 600-square-foot terrace and views of the Hudson and East rivers.
Amenities in the Flatiron building, developed by Related Companies and the now-defunct HFZ Capital, include a doorman, concierge, fitness center and pool.
Compass’ Kyle Blackmon had the listing.
The second most expensive home to enter contract was a penthouse at Steve Witkoff and Len Blavatnik’s One High Line, with an asking price of $24 million. The 5,200-square-foot condo has four bedrooms, four bathrooms and two loggias.
Unit PH32B also features floor-to-ceiling windows with views of the Hudson River and a corner great room.
Deborah Kern and Steve Gold with Corcoran Sunshine are heading sales at the project, which rebranded from the XI to One High Line in 2022. Witkoff Group and Blavatnik’s Access Industries paid $900 million for the 236-unit building in 2021, after HFZ Capital’s troubles sent the property into foreclosure.
The latest signed contract marks the fifth time this year that a unit at the building landed at the top of Olshan’s weekly report on Manhattan luxury contracts. Last month, former Credit Suisse executive Robert Shafir paid $25 million for a penthouse at One High Line.
Buyers inked deals for 28 homes asking $4 million or more last week, down from 30 in the previous period. Nearly half of the properties were priced at $10 million or above, marking the largest weekly total for trophy homes since December 2021.
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Of the 28 contracts, 19 were for condos, six were for co-ops and three were for townhouses.
The homes’ combined asking price was $307 million, which works out to an average price of $11 million and a median of $10 million. The typical home spent 469 days on the market and received a 17 percent discount.