Off The MRKT

View Original

This Penthouse Just Sold For $57 Million

The sale of Duplex Penthouse 75, located at 111 West 57th street sold for around the list price of $57,000,000. The 7,130 square-foot, duplex residence includes 4 bedrooms and 5.5 bathrooms. The development is proving to be an outlier in the market, after making some notable sales. Just a few months ago, the team announced it sold two $30 million residences which is notable because the sales took place after the Governor’s shut down order in March.

111 West 57th Street is developed by JDS Development Group, Property Markets Group and Spruce Capital Partners. The development incorporates two notable structures. The first is a bold yet graceful residential tower that soars perfectly centered over Central Park and measuring 1,428 feet tall, it is the second tallest residential building in the Western Hemisphere. The tower rises adjacent to the historic Steinway Hall, originally designed by Warren & Wetmore, the famed architects behind New York landmarks such as Grand Central Station. 111 West 57th Street is designed by SHoP Architects with interior architecture by Studio Sofield and it features 60 residences.

Duplex Penthouse 75 is located within the tower. The residence is designed around a central, extended-height entrance gallery with a gracefully proportioned oval staircase connecting the upper and lower levels. The formal Great Hall spans the full 50 ft width of the Tower, boasts monumental ceiling heights of 14 ft and showcases unparalleled Park and city views through floor-to-ceiling windows. The upper level of the duplex, accessible by either staircase or private elevator, features a lavish master suite centered on the Park, complete with a sitting room, wet bar, two dressing halls, and a walk-in closet

Residents at 111 West 57th Street have access to an array of amenities and services. This includes an 82 foot two-lane swimming pool with private cabanas, separate sauna, steam and treatment rooms, a double-height fitness center with mezzanine terrace, a private dining room and a chef’s catering kitchen, a residents’ lounge with expansive terrace, meeting rooms and a study, 24-hour attended entrances and a dedicated concierge service. A private porte-cochère on 58th Street provides residents a gracious and secure entry experience.

Douglas Elliman Development Marketing is exclusively handling sales for 111 West 57th Street.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

See this content in the original post