Jan
15
A $45 Million Manhattan Penthouse Carved in Two Has Found a Buyer
By-
Duplex sells for $25 million; $10 million unit still on market
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Buyers feel ‘there’s nothing to wait on anymore,’ broker says
A Manhattan penthouse listed for $27.5 million — a fragment of a larger condo that was carved in two amid a luxury-sales slowdown — has found a buyer as the borough’s high-end market experiences a sudden revival.
The 5,500-square-foot (511-square-meter) duplex spanning the top floors of 10 Sullivan St., a Soho development completed last year, sold this week for $25 million. The two-story penthouse was sliced from a larger 8,400-square-foot triplex that was seeking $45 million, after co-developers Property Markets Group and Madison Equities concluded they wouldn’t find a buyer for such a large unit and at such a high price…
A $45 Million Manhattan Penthouse Carved in Two Has Found a Buyer
