Wednesday, November 09, 2005

Through the Roof: Luxury-Penthouse Condos






WSJ RealEstateJournal.com 
 
Through the Roof:
Luxury-Penthouse Condos

By Lauren Baier Kim

Penthouses are the cr�me de la cr�me of the condominium market -- and often, the most expensive. Situated at the top of a building, these homes frequently have expansive views, large amounts of living space and the latest and greatest in terms of amenities. Here's a look at three penthouse homes on the market, with prices that exceed $10 million.

  • New York
  • Los Angeles
  • Miami Beach, Fla.

PLACE/PRICE: New York/$15.9 million

PROPERTY TAX: $4,175 (current owner's payment)

THE PROPERTY: A 5,777-square-foot penthouse duplex at Fifth Avenue and 22nd Street with 5 bedrooms, 4.5 baths, and views of the Empire State Building, the Chrysler Building and Madison Square Park.

DEscriptION: There is an 80-foot expanse of greenhouse-style windows on the home's upper level, plus 41 additional large windows that fill the residence with light and offer a panorama of Manhattan. Other features include 19th-century architectural detail, two large foyers connected with a circular limestone staircase and a master-bedroom suite and bath.

NOTABLE: The residence is located in 170 Fifth Avenue, a historic landmark building once home to The Sohmer Piano Co. The private rooftop deck could be used for an entertaining area.

ADDITIONAL IMAGES
Click on the thumbnails to see more images of this property:

   

Note: *Current owner's payment

Sources: Prudential Douglas Elliman, Coldwell Banker Previews International, Coldwell Banker Residential Brokerage

-- Ms. Kim is a senior editor at RealEstateJournal.com.

Email your comments to lauren.kim@dowjones.com.

-- November 09, 2005

 



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