A full-floor conversion opportunity on the 71st floor of 432 Park Avenue, hit the market Thursday with an asking price of $68.5 million, making it the second most-expensive listing currently in the building.
The 71st floor is comprised of two units, which when combined would span just over 8,000 square feet and have six bedrooms, eight bathrooms and two half bathrooms, according to the listing with Brown Harris Stevens’ Elese Reid.
"The current owner purchased the entire floor, but requested the two apartments not be combined," Ms. Reid said. "This would give them more options: live in one, rent or sell the other, or combine for personal use. Since that time, they have decided they prefer to sell both apartments."
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Apartment 71A was purchased in May 2016 for $28.89 million, while 71B was purchased in March 2016 for $30.95 million, property records show. The owner used separate LLCs for the transactions—Cupid Properties, LLC and Dasher Properties, LLC. Mansion Global could not determine who is behind the companies.
The two are also available to buy separately—and have been since November 2016—asking $33.75 million and $34.75 million respectively.
"Technically it has always been a full-floor opportunity," Ms. Reid said. "But smaller apartments were in more demand, so that is the way we directed our advertising."
Both apartments are currently rented, Ms. Reid said. Listing records show that 71A was last asking $60,000 per month; 71B most recently had a monthly ask of $70,000. Both leases expire in April 2018, Ms. Reid said.
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The owner has perhaps seen renewed interest for sprawling apartments at the building.
Early this month, three neighboring penthouses at the skyscraper sold for $91.1 million to a single, anonymous buyer, property records show, the priciest deal at the building to date. Then, a little more than a week later, two half-floor penthouses on the 94th floor hit the market for a combined total of $81.5 million. The pair had previously been marketed as a single, full-floor unit.
The most expensive offering at the building currently is the 95th floor penthouse which has a price tag of $82 million.