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  • Writer's pictureElite Curated

432 Park Avenue: The $229M New York City Penthouse


This potentially record-breaking penthouse sits on the top floor of the controversial ‘toothpick’ building that is 432 Park Avenue, and the asking price is almost a quarter of a billion Aussie dollars. The controversial building sits on New York City's billionaires row, crowded among some of the wealthiest residents on earth.


The 6-bedroom, 7-bath home spans across the entire top floor and features floor-to-ceiling windows, boasting 360-degree views of the Big Apple. However, the building hasn’t had the most attractive publicity following design experts’ comments on its flaws and many previous residents claiming they feel nauseous with symptoms of vertigo, dizziness and sometimes claim the building can sway in high winds.


432 Park Avenue Building

The current owner, Fawaz Al Hokair, a Saudi real estate and retail mogul, is asking for almost twice what he paid in 2016, which was a modest fee of USD$87.7 million. 432 Park Avenue has everything you’d expect from a modern penthouse: the latest Miele appliances, oak cabinetry, oak flooring, marbled kitchens, double sinks and double dishwashers. 


432 Park Avenue Building

Other sales from 432 Park Avenue were from an anonymous buyer who has purchased three units on the 92nd and 93rd floor for approximately $91.12 million.


432 Park Avenue Building

If this property sells for its asking price, it will be placed as the 2nd most expensive home sale in US history after billionaire Ken Jacobs purchased a penthouse at 220 Central Park South for an eye-watering $333 million.


432 Park Avenue Building

This asking price is sure to attract the elite of the elite.


*Elite Curated does not claim or own any images presented in the article. The images in this article are courtesy of realestate.com.au

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