The first recorded sale resurfaced at 432 Park Avenue, with a high asking rental price of $60,000 per month.
The Macklowe Properties and the CIM Group's first sale for its 1,396-foot-tall tower on Billionaires' Row was a three-bedroom condo unit that was sold for $18.1 million in January. The buyer of the unit is an entity known as 432 Parkview LLC.
The 4,000-square-foot apartment unit, which features two master bathrooms, a private elevator landing, and 10 by 10 feet windows, is now up for sale, according to Curbed.
The 1,396-foot, 125-unit tower is located between East 56th and 57th Street.
The developers of the super tall tower at 432 Park Avenue are splitting up some of the full-floor apartments amid a downturn in sales, reports Crain's. The CIM Group and Macklowe Properties have shared five full-floor apartments of the tower on floors 92 through 95 into two smaller - yet still palatial in style - ones.
The larger of the two on each floor is about 4,400 square feet in size, while the smaller one is only 3,600 square feet. The two will retail for $40.25 million and $39.75 million respectively, down from the initial undivided prices of over $75 million. One apartment located on the 88th floor is priced at $76.5 million and is still available, according to Crain's.
Up to this time, views inside the domineering 432 Park Avenue have been limited to renderings. But ahead of the move-ins to the tower in Fall, a few photographs of its first completed model unit have been finally released. The apartment is everything a buyer would expect from a building with its current availability priced between $16.95 million and $82.5 million.
The 4,082-square-foot half-floor residence, a Deborah Berke-designed unit on the 38th floor, features great amenities such as dual master bathrooms with luxe finishes, a marble breakfast bar, a statuary book-matched marble floor, and marble walls in the master bathrooms.
