What kind of apartment does $108-million get you in New York?

1

It goes without saying that New York City in the USA state of New York is one of the most beautiful and prosperous cities in the world.

$108-million New York City Apartment

It’s one of the most expensive apartments in the world and with views like this, it’s not hard to see why!

That fact begs the question; what kind of property will you find yourself in the market for with a budget of $108-million? It won’t be a multiple hectare mansion, or a seaside villa, it will come in the form of a 2,516 square metre apartment. To put that into perspective, some of the most luxurious apartments in Melbourne and Sydney measure up to 300 square metres in size.

432 Park Avenue, $108 million apartment

The new construction at 432 Park Avenue, New York City is 425m tall and will become the tallest residential building in the Western Hemisphere. To compare this to Melbourne’s iconic 297m tall Eureka Tower, 432 Park Avenue is an additional 128m high. Or, how about the 302m Sydney Tower? 432 Park Avenue is over 100m taller.

432 Park Avenue, $108 million apartment

Units start from a mind boggling $18.7-million and stretch all the way (pardon the pun) up to $108-million for the penthouse with 360 degree views.

432 Park Avenue, $108 million apartment

New York real estate developer, Harry Macklowe told the New York Times that “At 1,396 feet (425m), 432 Park Avenue is the tallest residential building in the Western Hemisphere, and represents an extraordinary accomplishment of architecture, design, engineering and craftsmanship.”

432 Park Avenue, $108 million apartment

While this may only be an apartment, the amount of space is absolutely unprecedented and unlikely to ever become available again.

432 Park Avenue, $108 million apartment

Unlike other cramped shared facilities in apartment buildings built to a budget in Australia, 432 Park Avenue will contain over 9,100 square metres of shared amenities.

These include a private gym and private restaurant to share with other apartment owners.

432 Park Avenue, $108 million apartment

432 Park Avenue is taller than the Empire State Building, the Chrysler Building and the Freedom Tower.

When complete, 432 Park Avenue will tower over the Empire State Building, the Chrysler Building and the newly finished Freedom Tower.

Now all you need to do is win the lotto. Ten times.

Images courtesy of Macklowe Properties.

About Author

Paul Maric

Paul Maric has been a freelance travel writer for the past seven years.Paul’s mainstay is freelance motoring journalism, where he has contributed content to major Australian and international publications.Travelling all over the world, Paul has had the chance to stay at some of the finest hotels, eat at the finest restaurants and visit some of the most amazing locations.