GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Nyc Apartment

The most expensive NYC apartment is valued at approximately $238 million.

Statistic 1

"The average price per square foot in luxury Manhattan apartments is around $3,000."

Sources Icon

Statistic 2

"Celebrities such as Sting and Jennifer Lopez have owned multi-million-dollar apartments in NYC."

Sources Icon

Statistic 3

"NYC's most expensive apartment market is concentrated in neighborhoods like Midtown and Tribeca."

Sources Icon

Statistic 4

"Central Park South is the most expensive street in NYC for real estate."

Sources Icon

Statistic 5

"The most expensive new development in NYC is One Manhattan Square, with apartments costing up to $35 million."

Sources Icon

Statistic 6

"The most expensive apartment in NYC sold for $240 million in 2019."

Sources Icon

Statistic 7

"Over 40% of NYC's luxury apartments are purchased as investment properties rather than primary residences."

Sources Icon

Statistic 8

"The apartment spans 24,000 square feet over multiple floors."

Sources Icon

Statistic 9

"The average time a luxury apartment stays on the market is around 290 days."

Sources Icon

Statistic 10

"Maintenance fees and taxes on luxury NYC apartments can exceed $10,000 per month."

Sources Icon

Statistic 11

"The second most expensive apartment sold for $157 million in 2015 at One57."

Sources Icon

Statistic 12

"The total worth of Manhattan luxury apartments surpassed $30 billion in 2020."

Sources Icon

Statistic 13

"The average rental price for a luxury apartment in NYC is more than $15,000 per month."

Sources Icon

Statistic 14

"The condo market in NYC saw a 15% price increase in luxury apartments between 2018 and 2019."

Sources Icon

Statistic 15

"432 Park Avenue is known for having some of the priciest apartments, with units selling for over $80 million."

Sources Icon

Statistic 16

"The "Billionaire’s Row" near Central Park has some of the priciest listings in the world."

Sources Icon

Statistic 17

"The record-breaking penthouse is located at 220 Central Park South."

Sources Icon

Statistic 18

"Billionaire Ken Griffin holds the record for buying the most expensive NYC penthouse."

Sources Icon

Statistic 19

"Foreign buyers account for approximately 30% of high-end NYC apartment sales."

Sources Icon

Statistic 20

"NYC’s luxury apartment market experienced a 20% year-over-year increase in transactions in 2021."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!