• FEATURED:
    LIVE VIDEO: THV 11 This Morning    Watch
     

    Grand Tour: Pricey New York apartment

    10:13 AM, Aug 14, 2012   |    comments
    • Share
    • Print
    • - A A A +
    • FILED UNDER

    NEW YORK (CNN) -- Six bedrooms, nine bathrooms and a dining room for 30 people. The only thing missing in this Manhattan condo is a buyer with $100 million. It really puts into perspective the fact that house prices in the U.S. are finally on the rise.

    An incredible view is what you get from the most expensive apartment to ever be listed in the New York real estate market. But this isn't the only view, it wraps around the entire apartment, all three floors, for a 360' panoramic view but for a $100 million price tag it isn't the only view you're going to get.

    This is an exclusive tour of the penthouse from Howard Lorber, chairman of the listing agent, Prudential Douglas Elliman. Has there been any interest already? He says, "There has been. We've had a couple of very important showings and we have a few more lined up."

    Six bedrooms and nine bathrooms located on the top of the Cityspire building on Manhattan's West Side. What makes this apt so spectacular? Lorber says, "Well I think the most important part is the views. This is a view apartment. You have terraces. You have over 3,000 feet of terraces, facing the city, the east side the west side, north to the park, south to downtown, probably Connecticut, Westchester over there. New Jersey and every place else in between."

    $100 million asking price, it's steep for anybody out there. Lorber says, "Pricing apartments today. it's not a science. This is what the owner wants for the apartment. It'll either sell, or it won't sell."

    And while sales of less swank Manhattan homes have been flat, business is booming in the so-called "super prime" sector. Vanessa Friedman with Financial Times says, "The high end of the market has reached a new high, the low and middle has not, it has come back, it's close to where it was before -- but it hasn't gone past it.

    Lorber says, "I think it's a reflection of a general interest in high end everything. if you're a luxury consumer, and there are a lot of them out there, you're looking at a place to put your money that's reliable, that's a hard asset class and that could include a boat, a plane, a great piece of art, watches and jewelry or an incredibly fabulous piece of real estate."

    And fabulous real estate is going fast, at least four deals within eight months. $52 million bought one American a luxe pad on park avenue. Another American bought the penthouse at the Ritz Carlton on central park for $70 million.

    $88 million earned a Russian family a penthouse on Central Park West. And the yet-to-be completed "157" has a deal on the table for about $90 million possibly with a Middle Eastern royal. Back in the triplex, here's more of what a lot of money can buy.

    For $100 million asking price, naturally to get to the second and third floors, you have your private elevator the master bedroom sits at the top and right above it, the massive dome that caps the building. The penthouse owner controls when it's lit, adding to the New York City skyline.

    At the top of the triplex: the master bedroom with a north-facing view and marble bath.

    Whoever the buyer may be for this apartment, the sky certainly seems to be the limit when it comes to New York City real estate. From high atop Gotham.

    Most Watched Videos