A shrewd investor is flipping a 432 Park Avenue pad, hoping to turn a near $7 million profit.
A three-bedroom, 4,019-square-foot apartment in the tallest residential building in the Western Hemisphere has been listed for $32.5 million, just a year after the sale closed for $25.601 million, listing records show. The seller is listed as Why The Face LLC.
More:CEO Drops $61M on 432 Park Avenue Penthouse
The apartment occupies the entire western half of the 65th floor of the skinny skyscraper, with views over Central Park from the living and dining rooms, according to the listing. The Empire State Building and Chrysler Building can be seen from all of the bedrooms facing south.
This home is also being offered for sale with an accompanying service suite, which cost the seller $1.848 million, and a private wine cellar.
Residents of the tower’s luxury condos will have access to 30,000 square feet of amenities over three full floors, including a private restaurant just for them and their guests.
Other amenities include a fitness center managed by celebrity trainer Jay Wright’s company, The Wright Fit, as well as a yoga studio, billiards room, an 18-seat screening room, an executive boardroom, a 75-foot indoor swimming pool and a separate Jacuzzi.
This is not the only big home flip to take place in Manhattan this week. A $28 million penthouse has just been listed at 56 Leonard, a 60 -story, 145-unit condominium in Tribeca built like a glass obelisk, a little over a month after the sale closed for just under $22 million, listing records show. The buyer is listed as Leonard Street Properties LLC. The sale was first reported by Luxury Listings NYC.
More:First Look at 432 Park Ave.’s Amenities
The glass-stacked building has been dubbed the "Jenga tower" due to its unusual design reminiscent of the wooden-block game.