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Manhattan Penthouse on Park Avenue Lists for $39.5 Million

The co-op is in a swanky Rosario Candela-designed building that’s a favorite among finance types

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The Park Avenue building

Stan Honda/Getty Images
The Park Avenue building
Stan Honda/Getty Images

The Park Avenue penthouse belonging to finance executive John Thain and his wife, Carmen, hit the market Friday with a $39.5 million price tag.

The three-bedroom co-op occupies the top three floors of the western wing of the 19-story Rosario Candela-designed building on the Upper East Side and has views of the Manhattan skyline and Central Park, according to the listing with John Burger of Brown Harris Stevens, who did not respond to a request for comment.

Mr. Thain, 62, purchased the home in 2006 for $27.5 million, from the estate of publisher and philanthropist Enid A. Haupt, according to property records.

The apartment—which underwent a two-year renovation during Mr. Thain’s ownership—has a private elevator landing, a library, wood-burning fireplaces, original plaster moldings, terraces, a formal dining room and two 155-bottle wine refrigerators, according to the listing. Monthly maintenance for the home runs to the tune of $19,215.

Mr. Thain, who previously worked at Goldman Sachs and Merrill Lynch, stepped down from financial holding company CIT Group in 2016. Now an Uber board member, he could not be reached for comment.

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Mr. Thain isn’t the only finance bigwig to call the tony Park Avenue tower—which was developed by James T. Lee, Jacqueline Lee Kennedy Onassis’s grandfather—home. Israel Englander, Howard Marks and David Koch all own units in the building according to records with PropertyShark.

The New York Times first reported the listing.