Even with an ongoing global pandemic and economic crisis, townhouses continue to sell big in New York — and arguably, none of them have sold bigger than this triplex penthouse on the posh Upper East Side.
The latest big-ticket sale in New York City, at the top of 1228 Madison Ave., is actually two homes in one — a combined luxury townhouse-like residence encompassing the 16th, 17th and 18th floors, according to CBSK Ironstate.
As one might expect, the closing price was as high as the building itself — at a combined $27.85 million. The triplex penthouse went into contract just before it was slated to hit the open market, the brokers noted.
Designed by Robert A.M. Stern Architects with interiors by Kelly Behun Studio, the penthouse includes an incredible eight private terraces with more than 1,700 square feet of outdoor space high above the Manhattan streets.
The views are nothing short of spectacular; from the penthouse, you get an incredible glimpse of the Manhattan skyline and the prominent features of Central Park, including the Jacqueline Kennedy Onassis Reservoir.
Inside the penthouse, there’s a Great Room on the 16th floor with unobstructed views of Central Park. The penthouse includes a full-floor master bedroom suite with two private terraces, balconies and a dressing room.
Other interior features include chevron oak floors, burnished nickel custom door hardware and marble kitchen countertops.
Below the penthouse, other smaller units within 1228 Madison Ave.— including four- and five-bedroom full-floor and duplex homes — remain on the market, with prices starting at $7.95 million.
Still, in the view of Scott Shnay of SK Development, selling the triplex penthouse was a sign that the Upper East Side remains attractive to homebuyers even amid the ongoing economic uncertainty.
“We are seeing buyers express desire for smaller buildings with full-floor residences that offer ample outdoor and indoor living space,” he said. “[The] 1228 Madison Ave. [site] pushes those amenities a step further with careful attention to detail and iconic style delivered by Robert A.M. Stern Architects and Kelly Behun Studio.”