Penthouse at 111 West 57th Street hits the market for $110M
All image courtesy of Hayes Davidson
The penthouse at the very top of supertall skyscraper 111 West 57th Street has hit the market for $110 million. Taking up four floors of the Billionaires’ Row tower, the “quadplex” apartment measures a palatial 11,480 square feet, with over 600 square feet of outdoor terraces. The residence is currently New York City’s most expensive property publicly listed.
Developed by JDS Development and Property Markets Group and designed by SHoP Architects, 111 West 57th Street rises 1,428 feet, making it the second tallest residential building in the Western Hemisphere. The 91-story tower, the skinniest skyscraper in the world, is home to 59 units.
As first reported by Bloomberg, the quadplex penthouse has five bedrooms and six bathrooms. The grand size is the result of combining two duplex apartments, Penthouse 80 and Penthouse 82.
As the listing describes, each floor of the home has a purpose. With a private elevator entry, the first floor is the “entertaining suite,” home to a great room with custom smoke-gray oak floors, a corner south kitchen, a library, a dining area, a private “sunset lounge,” and a 300-square-foot terrace.
The second floor is designated as the “guest suites,” with four bedrooms, all fitted with a private bathroom and ample closet space. There’s also a lounge with a wet bar and south-facing views.
One more level up, the primary suite takes up the entire 82nd floor. The sprawling space measures nearly 3,000 square feet and is perfectly centered on Central Park. There are two bathrooms, two dressing halls, an office, lounge, and a full wet bar and coffee station.
The highest level, dubbed the “crown suite,” holds a building’s worth of amenities, including a bar, billiards table, screening room, and an outdoor terrace that hovers 83 stories above Midtown.
Amenities for all residents of 111 West 57th Street include a private porte-cochère, concierge service, and access to Club 111 and Sports Club, which includes free breakfast daily from Le Bilboquet, an 82-foot lap pool, a sauna, a double-height fitness center, a private club, a catering kitchen, and much more.
Nikki Field and Benjamin Pofcher of Sotheby’s International Realty have the listing. Field and her team were brought on last summer to revive sales; she told Bloomberg the project has seen $285 million in sales that have closed or gone into contract in the past eight months.
“We wanted to wait and keep the top of the building back until we had strong sales that would support the sale of this unit,” Field told Bloomberg. “We now have those strong sales and this merits a mega-buyer in New York.”
The building is now 75 percent sold, according to a spokesperson. Most recently, Penthouse 72, last listed for $56 million, is under contract. According to CityRealty, the most expensive closed sales at the building include a $52.9 million three-bedroom, a $50.5 million four-bedroom penthouse, and a $47.2 million four-bedroom penthouse.
“There’s probably only 100 people in the world that this would resonate with,” Field said, referring to the quadplex.
[Listing details: 111 West 57th Street at CityRealty]
[At Sotheby’s International Realty by Nikki Field and Benjamin Pofcher]
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