The Flatiron Constructing has discovered a purchaser for its costliest listed apartment.
Spanning everything of the twenty first flooring within the historic constructing, Unit 21 was asking $58.5 million when it went into contract, in response to StreetEasy.
The house spans over 7,400 sq. ft and has 5 bedrooms and 5 full loos. It has a tiny 33 sq. foot terrace on the northern tip of the triangularly-shaped constructing, in response to the providing plan. The itemizing contains no description of the apartment itself.
The house was initially priced at $50 million within the improvement’s offering plan filed with the Lawyer Normal’s workplace final yr.
The deal comes simply days after the challenge scored one other deal for a full-floor apartment on the seventh flooring, asking $30.5 million. That unit, which was initially designed to be two separate condos, will span 7,700 sq. ft and certain have seven bedrooms and 7 loos.
The conversion challenge at 175 Fifth Avenue quietly launched gross sales within the fall. It has since put 9 of its 38 residences into contract. The challenge has but to launch pricing for its penthouse unit, which spans roughly 4,600 sq. ft and can have 6,500 sq. ft of out of doors area.
Facilities on the redeveloped property at 175 Fifth Avenue embody a health club, lap pool, sauna and chilly plunge.
A crew with Corcoran Sunshine Growth Advertising, led by Angeli DeCecchis and Michele Hinojos, is heading gross sales on the improvement. A spokesperson for Corcoran Sunshine Advertising Group didn’t reply to a request for remark.
GFP Actual Property and a bunch together with Sorgente, ABS Companions and Nathan Silverstein paid $160 million for the property at a 2023 auction. Brodsky later purchased a stake within the constructing.
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