One57: Inside The Building Housing New York's $100 Million Penthouse

One57 from the sky

New York Real estate is soaring, and there's no better example than One57. One of its penthouses has officially closed for $US100.5 million, making it the most expensive apartment ever sold in NYC and the first to surpass $US100 million. Check out what $US100 million gets you in the shiny new building.

Located on the 89th and 90th floors of the 1,004-foot-tall residence, the penthouse has 11,000 square feet, six bedrooms, a steam room, a library, and an indoor movie theatre.

Residents will also have access to the Park Hyatt hotel amenities -- which makes up the first 39 floors of the buildings -- but if they don't want to mix with the commoners, One57 owners can also use their own 20,000-square-foot amenities floor, complete with a pool, gym, library, and theatre.

And though $US100 million may seem like a lot, New York's pricient penthouse will most likely prove to be a savvy investment as more expensive homes continue to hit the market. Already, a tower on 520 Park Avenue has a penthouse on the market for $US130 million, and prices are only expected to climb.

The buyer of the mega-property remains a mystery, as do many of the owners in One57. Of the 26 units sold so far, over half of those are owned by LLCs and trusts to maintain the owners' privacy.


This article was originally published on Business Insider Australia