Waterfront homes with yacht moorings are all well and good for the weekend but when there’s serious business to be done there’s nothing like the convenience of a base in the city. Just as with London’s prime real estate, when it comes to buying property in New York City finding the right building, property type and neighbourhood is key. Will it be a five-bedroom brownstone big enough for all the family? Or are you really after a chic Central Park penthouse filled with mod cons and complete with all the service of a five-star hotel? Here are the properties you need to know now…
The Crown Penthouse, 212 Fifth Avenue
Currently ranking among New York City’s most expensive real estate, this palatial penthouse spans more then 15,000 square feet including 5,730 square feet of outdoor living space. The jewel in the crown of Madison Square Park’s most exclusive residential building, the five-bedroom apartment spans three floors with large picture windows offering views over Central Park and downtown Manhattan.
Designed by Pembrooke & Ives to offer modern living spaces while retaining the building’s famous pre-war details, the penthouse offers five bathrooms, three partial bathrooms, foyer, library, grand ballroom, dining room, open-plan entertaining areas, utility room and third-floor observatory with views over the Empire State Building and World Trade Centre. The property’s high ceilings give rise to gallery-size walls perfect for art collectors while outside relaxation is offered in the form of numerous large wraparound terraces. Residents at 212 Fifth Avenue also have access to a large fitness centre, concierge, golf simulator, children’s playroom, billiards room, screening room, meeting rooms and residents’ lounges.
The Crown penthouse is listed for sale with Sotheby’s Realty for $62.8 million.