432 Park Avenue Penthouse: 8,200 Sq. Feet Of Luxury Priced At $10,000 A Foot!

By | October 24, 2016


NYC luxury real estate

Photo: Curbed New York

From the ‘if you have to ask the price you can’t afford it’ file, the 432 Park Avenue penthouse located on the 95th floor has an asking price of $82,000,000!

If that price is paid, it would result in a value of $9,933 per square foot.

But unbelievably, that is well below the closed sale price per square foot for a penthouse transaction that occurred one month ago in the same building.

The buyer, Saudi Arabian retail titan Fawaz Al Hokair, paid $87.7 million for 8,255 square feet of space or an incredible $10,623 for each one.

So what does one get for the money? ‘…Six bedrooms, seven bathrooms (including “his” and “hers” master bathrooms), 12-foot ceilings, a wood-burning fireplace, two powder rooms, a large library, and room for a grand piano…’ (Source)

432 Park Avenue, Penthouse AB, Artists Renderings

Photo: Curbed New York

Photo: Curbed New York

Photo: Curbed New York

Photo: Curbed New York

See the remainder of the photos at Curbed New York here.

Michael Haltman is President of Hallmark Abstract Service in New York and a Director of Heroes To Heroes Foundation.

He can be reached at mhaltman@hallmarkabstractllc.com or at 516.741.4723.

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