Penthouse at Manhattan Boutique Rental Sells for Just about $30 Million

A entire-ground penthouse in a new boutique condo on Manhattan’s Upper East Aspect shut for approximately $30 million very last week.

The condominium is the most high priced sale so considerably at 109 East 79th St., a 20-story, 31-home building accomplished in 2022. But two other penthouses with better inquiring prices—one for $35 million, the other for $32.5 million—are also in contract, listing information clearly show.

The penthouse that shut very last 7 days arrived to the market place for $29.35 million in December 2021 with listing agent Cathy Franklin of the Corcoran Team. The last income value was near to the asking, Ms. Franklin said, thoughThe transaction has but to surface on residence documents.

When she declined to disclose the id of the purchasers, Ms. Franklin reported they cherished the simple fact that the boutique constructing by Park Avenue is “complete with the best luxury features.” 

“A huge motivator for the purchasers was locating a go-in all set house of this size,” reported Connor Ramage and Charlie Attias of Compass , who represented the buyers.

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The creating functions limestone and masonry brick facade, a double-top lobby, a gymnasium, an outside backyard, a concierge and a comprehensive-time doorman, in accordance to the listing.

“The historic but modern day architecture and information of the penthouse also held a whole lot of attraction,” she explained. “The sights from the two out of doors spaces—and via the white bronze-finished casement windows—are a thing special, as is the leading Park Avenue area.” 

The apartment has 6,548 square toes of interior area with four exposures and 336 square feet of personal outdoor spaces across two balconies. There are five en-suite bedrooms, a residing room with white oak flooring and a fuel fireplace, a large dining area and a library.

The windowed eat-in kitchen area is custom-developed by Steven Harris Architects, the building’s architect. It’s outfitted with hand-painted Italian cabinetry, marble slab countertops and condition-of-the-art appliances, in accordance to the listing.

The setting up has only two units still obtainable, though the other 29 residences are in contract or have shut, Ms. Franklin reported.

“The creating has outperformed because it’s a special condominium merchandise with a pre-war sensibility in the heart of the Higher East Side,” she mentioned. “In addition to its timeless architecture, it is definitely close to all the very best the community has to give.”

Katheleen Knopf

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