Thursday, August 25, 2011

The 20 Most Expensive Apartments

It's been three months since we compiled a list of the 20 most expensive apartments for sale in Manhattan. So what's happened to them since then? Not surprisingly, most of them remain on the market, and several have been discounted substantially since they were first put up for sale. (Just one of the 20 sold successfully, an apartment at 176 Perry that went for 30 percent less than its initial asking price.) The grim market conditions haven't stopped several others from putting their exorbitant homes on the market. Since we put the list together, a 78th-floor penthouse at the Time Warner Center hit the market for $65 million and a $47.5 million listing at 15 CPW surfaced. But if you're interested in seeing what happened to the original 20—and get a glimpse for what's happening to the high-end real estate market as a whole—the results are below.
1. 25 East 77th Street (The Mark)
Bedrooms: 5
Bathrooms: 8
Square feet: 9,799
Original price: $60 million
Current price/status: $60 million (Unchanged)
Listing: Corcoran
2. 502 Park Avenue (Trump Park Avenue)
(Also available for rent)
Bedrooms: 4
Bathrooms: 6
Square feet: 6,200
Original price: $51 million
Current price/status: $51 million (Unchanged)
Listing: Prudential Douglas Elliman
3. 1 Central Park South (The Plaza)
(Owned by Tommy Hilfiger)
Bedrooms: 4
Bathrooms: 4.5
Square feet: 6,000
Original price: $50 million
Current price/status: Off the market
4. 795 Fifth Avenue
Bedrooms: 5
Bathrooms: 7
Square feet: 7,000
Original price: $50 million
Current price/status: $43 million (Discounted)
Listing: Corcoran
5. 1 Central Park South (The Plaza)
(Owned by Guy Wildenstein)
Bedrooms: 6
Bathrooms: 7.5
Square feet: 8,033
Original price: $46.5 million
Current price/status: $42.4 million (Discounted)
Listing: Corcoran
6. 1020 Fifth Avenue
(Owned by the Kress Family)
Bedrooms: 5
Bathrooms: 5
Square feet: 7,000
Original price: $46.5 million
Current price/status: $39 million (Discounted)
Listing: Corcoran
7. 23 East 22nd Street (One Madison Park)
Bedrooms: 6
Bathrooms: 5
Square feet: 7,577
Original price: $45 million
Current price/status: $45 million (Unchanged)
Listing: Brown Harris Stevens
8. 1040 Fifth Avenue
(Owned by Bill and Tina Flaherty)
Bedrooms: 3
Bathrooms: 5
Original price: $43 million
Current price/status: $43 million (Unchanged)
Listing: Corcoran
9. 2 East 67th Street
Bedrooms: 8
Bathrooms: 8
Original price: $39.5 million
Current price/status: $39.5 million (Unchanged)
Listing: Prudental Douglas Elliman
10. 100 Central Park South (Trump Parc East)
Bedrooms: 4
Bathrooms: 4.5
Square feet: 4,400
Price: $38 million
Current price/status: Listing removed
11. 740 Park Avenue
(Owned by Peter Huang)
Bedrooms: 5
Bathrooms: 5.5
Square feet: 7,500
Price: $38 million
Current price/status: Listing removed
12. 740 Park Avenue
(Owned by the estate of Randolph L. Speight)
Bedrooms: 4
Bathrooms: 4.1
Square feet: 6,700
Price: $35 million
Current price/status: $26 million (Discounted)
Listing: Sotheby's
13. 435 East 52nd Street (River House)
Bedrooms: 8
Bathrooms: 7
Price: $35 million
Current price/status: $35 million (Unchanged)
Listing: Brown Harris Stevens
14. 1030 Fifth Avenue
(Owned by David and Karen Fleiss)
Bedrooms: 8
Bathrooms: 8
Price: $34 million
Current price/status: $25 million (Discounted)
Listing: Prudential Douglas Elliman
15. 778 Park Avenue
(Owned by the estate of Brooke Astor)
Bedrooms: 5
Bathrooms: 5.5
Price: $34 million
Current price/status: $29 million (Discounted)
Listing: Stribling
16. 176 Perry Street
(Owned by Sun Microsystems co-founder Bill Joy)
Bedrooms: 5
Bathrooms: 5.2
Square feet: 11,000
Price: $33 million
Current price/status: Sold. Hugh Jackman purchased for between $20 and $23 million.
17. 502 Park Avenue (Trump Park Avenue)
Bedrooms: 5
Bathrooms: 7
Square feet: 6,224
Price: $31.12 million
Current price/status: $31.12 million (Unchanged)
Listing: Prudential Douglas Elliman
18. 995 Fifth Avenue
Bedrooms: 7
Bathrooms: 9.5
Square feet: 8,360
Price: $31 million
Current price/status: In contract
Listing: Corcoran
19. 502 Park Avenue (Trump Park Avenue)
Bedrooms: 5
Bathrooms: 7.5
Square feet: 6,192
Price: $31 million
Current price/status: $31 million (Unchanged)
Listing: Prudential Douglas Elliman
20. 15 Central Park West
Bedrooms: 4
Bathrooms: 5
Square feet: 4,565
Price: $30 million
Current price/status: $25 million (Discounted)
Listing: Brown Harris Stevens
Note: The list only includes condo and co-op listings; townhouses and apartments only rumored to be for sale have been excluded.

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