New York City
Northern New Jersey
Search Better With
Shop for a Broker
Open House Planner
Saved Listings & Folders
Stats and Figures
Manhattan Condo Market Index
Here's another contender, at $75,000,000, for the find-a-Russian-billionaire stakes.
The would-be seller paid $23,257,000 for the eight apartments in 2007 and 2010. Two of them, 6D and 6E, are separated from the main space by a hold-out neighbor.
The taxes (not that they'd matter) are a bit understated in the listing. As of the August bills they're $122,000 per year.
The units' tax lots were never merged; still the 11 lots for eight apartments and three storage lockers.
Upside: a permanent massage table in the bathroom!!! Downside, walk outside and you are at least a mile from any of the amenities that the other billionaires have in their neighborhoods. The difference between this apt and Sandy Weil's sale of his $88mm apt at 15 CPW is exponentially greater than $13mm
This keeps getting dumber and dumber. Putting aside the question of the number of Russian billionaires, wouldn't said billionaire want something on a higher floor than 4th/5th/6th? Particularly in this location, you know, to clear the tree tops & the highway / off-ramp.
When PH3, full floor on 30th floor, couldn't get it done with an ask of $3500 ppsf, it takes a special something to ask $5000 ppsf for floors 4/5/6 facing a highway.
Riversider Boulevard: Siberia, but way more isolated.
Plus, yes, the full-on highway view ... probably just where the fourth lane unexpectedly merges and ends. Crash bam boom.
Ino, makes a salient point, while the apartment is awesome, it's priced to a very very limited audience, who have many choices.
Someone in the billionaire category is still not going to commit more than 1/10 their net assets to a real estate purchase, so at 750,000K we're talking net worth of around 8 billion dollars or more.
But that's not a real asking price. It's just a number thrown out to attract attention and somehow distinguish the place from the pack. You'd think the size alone -- uselessly laid out as it is -- would do that.
Like most palace-builders, they had their fun in the process, and will most likely get something less than they put into it. Looking at the DoB permit history, they spent very little time actually living there.
Just realized I added a zero to the price, but still very lofty with few buyers who have assets ten times the price.
Views are amazing, but neighborhood is not ideal, and I found the floorplan extremely hard to understand and read (due to the print size).
You can zoom in at http://www.olr.com/Pictures/broker_floorplan/242300_fp1.jpg
Still not all that clear. I don't see where the "safe rooms on every level" are, unless they're disguised as closets.
Thanks NWT...I must just have bad eyes.
6A fits right in with the other properties in that building on the market! They are studios to three bedrooms, are are all 3.2 mil or less...fancy building. Great for a $75 million apartment.