Two apartments at 212 Fifth Avenue, a boutique condominium converted from a century-old neo-Gothic industrial building in Manhattan, have been merged into a full-floor residence and listed for $34 million.
The two units are still available separately, too. The larger one, 21A, asks $18.6 million while the other, 21B, asks $11.75 million.
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The combined offering, listed last week, has a higher price tag than the sum of the two, which reflects the additional cost of construction and re-furnishing, said Nikki Field of Sotheby’s International Realty, which is handling sales in the building, developed in 2016 by Madison Equities, Thor Equities and Building and Land Technology.
The decision to offer the combination came as a result of inquiries from buyers looking for full-floor trophy properties, Ms. Field said.
“Given that the 21st floor views are second only to the penthouse, the sponsor and Sotheby’s sales team decided to offer an opportunity for yet another dramatic full floor residence,” she said.
The building’s penthouse, a 10,079-square-foot “Crown Jewel” spanning the top three floors (22nd to 24th), has been on the market for $73.8 million since November 2017.
Combined, the 7,239-square-feet home has five bedrooms and five bathrooms, featuring coffered ceilings, marble flooring, as well as four-exposure views of the Hudson River to the World Trade Center, the Flatiron Building and the Empire State Building.
The building’s amenities include a 24-hour doorman, concierge, a fitness center with yoga studio, golf simulator, screening room, boardroom, game room and children’s playroom.
The 40-residence building is already 80% sold. Owners in the building, per reports and property records, include Charles Kushner, a developer and father of Jared Kushner; Peter Riguardi, president of the New York region for Jones Lang LaSalle; and Ed Bass, a Texas billionaire.
“We have five standout real estate moguls buying in the building, which is a great endorsement to the building,” said Ms. Field, who declined to identify the buyers.
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