A Comprehensive Look at New York's Penthouse Prices
Curious about penthouse prices or looking for a NYC penthouse of your own? In this article we’ll break down what makes penthouses so expensive and how much they’re going for. We’ll also teach you about some of the city’s most impressive and expensive units.
Why do penthouses cost so much?
Penthouses prices come at a premium because these units are designed to to be a tier above the rest of the building. Let’s break down some features that make luxury penthouses in Manhattan top-tier…
Features and Advantages Penthouses
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Due to their height, these units boast unobstructed views of Manhattan. Imagine waking up to the skylines of Central Park.
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These units are often allocated two or three floors worth of space in any given building.
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They can have soaring ceilings up to 27 feet tall, such as the penthouse at Central Park Tower.
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Buildings with penthouses come with exclusive access to amenities such as rooftop pools, cabanas, golf simulators, parks, wine cellars, day cares, and more.
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These units usually span a full floor and have windows facing every direction, so owners get great natural light regardless of the time of day.
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These homes have abundant outdoor space in the form of terraces and balconies.
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All units in luxury buildings come with top of the line fixtures, but developers often go all out with their penthouse units. These apartments have bigger slabs of marble, more extravagant staircases, and luxurious spa rooms.
How much are penthouse prices in Manhattan?
Penthouse prices in Manhattan range anywhere from 8 million dollars to 195 million dollars, so there’s really no such thing as an average penthouse cost here. The price of a specific unit can vary wildly depending on how tall the building is, what kind of amenities are available to occupants, and where the penthouse is located. Be careful when shopping on the lower end of pricing, because non-penthouse units are often mislabeled as a marketing tactic.
What is the most expensive Penthouse for sale in NYC?
The most expensive penthouse in New York City sits at the top of Central Park Tower. Originally priced at $250,000,000, it is currently for sale for $195,000,000. And if you happened to be wondering what is the highest penthouse in NYC, Central Park Tower is also the tallest residential building in the world, which means its penthouse unit is also the *highest* penthouse in the world.
Get help finding Penthouses in New York for Sale
Shaker.NYC is here to help you find perfect luxury penthouses for sale. Reach out to book a consultation with our real estate expert, Kristen Shaker. And download our free Luxury Buyer’s Guide to simplify your penthouse hunting experience.
