New York Sets New Record With US$ 100.5 Million Condo Sale

New York Sets New Record With US$ 100.5 Million Condo Sale

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A two-story luxury condo in Manhattan has just become the most expensive apartment ever sold in New York City. A duplex penthouse spanning the top two floors of the One57 condominium tower was sold for $100.5 million, setting a record for the most expensive residential deal ever completed in Manhattan.

The apartment, which spans all of the 89th and 90th floors of the 306-meter tower, with almost 1020 square meters, include 6 bedrooms, seven bathrooms, a steam room, a library, and an indoor movie theater.

All apartments of this tower have soaring ceilings, rosewood flooring and custom Italian marble baths. Residents of the building also have access to a gaggle of uber luxe amenities, including a gym, a pool and Jacuzzi, a steam room, a library and a screening room.

The trophy tower, which is nearly sold out, has attracted local and foreign buyers. Sales at One57 began in 2011 and reached US$ 1 billion in the first six months, including the last record deal. Another duplex at the building, spanning the 75th and 76th floors, is under contract to be sold for more than $90 million to an investment group that includes Bill Ackman.

Earlier we reported, that the prime minister of Qatar was ready to plunk down nearly US$ 100 million for the city's most expensive penthouse - an ultra-luxe, two-story pad atop the under-construction One57 condominium. Now, the duplex penthouse owner name wasn't published.

And though $100 million may seem like a lot, New York's priciest penthouse will most likely prove to be a savvy investment as more expensive homes continues to go on sale. Already, a tower on 520 Park Avenue has a penthouse on the market for $130 million, and prices are only expected to climb.

Previous price record belonged to the Russian billionaire Dmitry Rybolovlev, who bought an apartment in New York for US$ 88 million for his student daughter.