GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive House In Nyc

The most expensive house in NYC is estimated to be worth over $238 million according to recent statistics.

In this post, we explore the realm of luxury real estate in New York City, where opulent properties command jaw-dropping prices. From the record-breaking $238 million penthouse at 220 Central Park South to the city’s thriving real estate market fueled by billionaire residents, we delve into the extravagant world of NYC’s most expensive homes.

Statistic 1

"The most expensive home ever sold in New York City was a penthouse at 220 Central Park South for $238 million."

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Statistic 2

"The 60-story building 220 Central Park South where the most expensive home was sold had a total projected sellout of $3.4 billion."

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Statistic 3

"The 79-story One57 building where the then-most expensive home was sold in 2014 for $100.5 million."

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Statistic 4

"An unoccupied mansion on Upper East Side known as the Woolworth Mansion listed for $90 million in 2021."

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Statistic 5

"The notorious NYC mansion The Duke Semans Mansion on Fifth Avenue was listed for $88 million."

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Statistic 6

"Manhattans's luxury homes median price is $5.8 Million in Q4 of 2021."

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Statistic 7

"NYC has the highest concentration of billionaires, many of whom likely inhabit these pricey pads."

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Statistic 8

"The most expensive house in New York's history was sold by hedge fund billionaire Ken Griffin."

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Statistic 9

"The most expensive house cost 238 times the price of an average house in New York."

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Statistic 10

"The penthouse at 220 Central Park South has 16 rooms."

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Statistic 11

"NYC's real estate contributed $31.9 billion in city tax revenue, largely from property taxes on luxury homes."

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Statistic 12

"The lower-end of the 10 most expensive homes in NYC starts at $88 million."

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Statistic 13

"The average luxury home in NYC stays on the market for approximately 121 days."

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Statistic 14

"The 5th most expensive sale in NYC history was at 157 West 57th Street for $91.54 million in 2015."

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Statistic 15

"The NYC condo at 15 Central Park West sold for $88 Million in 2011."

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Statistic 16

"The second-most expensive sale in NYC history was a penthouse at 157 West 57th Street for $100.47 million."

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Statistic 17

"The average price of a luxury home in NYC is $5.9 million."

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In conclusion, the luxury real estate market in New York City is dominated by multi-million-dollar properties, with jaw-dropping sales figures consistently setting new records. The staggering prices at which these properties are sold reflect the city’s status as a playground for the ultra-wealthy, with billionaires flocking to inhabit these luxurious homes. From penthouses with dozens of rooms to historical mansions steeped in opulence, NYC’s real estate landscape is a testament to extravagance and exclusivity. Additionally, the significant contribution of the real estate sector to the city’s tax revenue underscores the economic importance of these high-end properties.

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