What is the highest-selling apartment in NYC? The highest-selling apartment ever in NYC is the penthouse at 220 Central Park South. It was bought by Ken Griffin, a hedge fund manager, in 2019 for $238 million. This isn’t just the highest-selling apartment in NYC but also the most expensive residential real estate deal in the history of the country. The sale was closed in 2019, but the buyer signed the contract in 2015 when the building was still under construction. Here is what we know about this apartment:
- It’s massive – at about 24,000 square feet.
- It’s a combination of two apartments that were merged together.
- The apartment never entered the market as the buyer directly dealt with the developer.
- It was valued at $9 million by the city for taxes.
There was a more expensive apartment on the market, in the Central Park Tower that was listed for $250 million but never sold for the price, which was later lowered below $200 million.
The highest-selling apartment in NYC last year (2024) was another penthouse, this one over an NYC hotel – Aman New York. This penthouse was sold for $135 million, a $20 million runner-up for the year.
The highest-selling apartments in NYC, many of which bear nine-digit price tags, share certain traits. They are mostly concentrated in a specific area within Manhattan, the so-called billionaire’s row. Many of these apartments are penthouses of massive proportions. The penthouse over Aman New York is five stories tall. There are other traits as well, including amenities, compelling views, and often in one-of-a-kind buildings in NYC.
