So is the most expensive condo in New York to hit the market @ $55M? Well, that has yet to be decided yet, however, it is a strong possibility noted current owner Leroy Schecter of (not one, but) TWO adjoining units at 15 Central Park West. Even with both units rented throwing off nearing $1,000,000 a year in rental income and the probably perks leasing to celebrity tenants Alex Rodriguez (A-Rod) & Henry Silverman, Schecter and his NY Real Estate Agent think now may be the time to put it on the market.
Schecter holds two apartments at 15 Central Park West. Apparently, he doesn’t like New York winters, so he prefers to live in a Florida mansion.
The three-bedroom apartment is occupied by Henry Silverman, founder of a billion-dollar business services company called Cendant Corp. The two-bedroom junior is the New York home of Yankees third baseman Alex Rodriguez, the best-paid team athlete in history.
Silverman pays $40,000 (U.S.) a month in rent. Rodriguez forks over $30,000. But nearly a million bucks a year in rent pales in comparison to what Schecter thinks he can reap on the open market.
Once the two leases are up, Schecter plans to tear down the boundary between the units and create a 5,600-sq.-ft., five-bedroom super apartment – including a movie theatre.
So … $55,000,000 – yup. Or you could think of it as a cool $9,821.42 a square foot!
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Check out what the top 20 most expensive apartments on the market are currently (including coops & townhouses).
1. 25 East 77th Street (The Mark)
Bedrooms: 5
Bathrooms: 8
Square feet: 9,799
Original price: $60 million
Current price/status: $60 million (Unchanged)
Listing: Corcoran
2. 502 Park Avenue (Trump Park Avenue)
(Also available for rent)
Bedrooms: 4
Bathrooms: 6
Square feet: 6,200
Original price: $51 million
Current price/status: $51 million (Unchanged)
Listing: Prudential Douglas Elliman
3. 1 Central Park South (The Plaza)
(Owned by Tommy Hilfiger)
Bedrooms: 4
Bathrooms: 4.5
Square feet: 6,000
Original price: $50 million
Current price/status: Off the market
4. 795 Fifth Avenue
Bedrooms: 5
Bathrooms: 7
Square feet: 7,000
Original price: $50 million
Current price/status: $43 million (Discounted)
Listing: Corcoran
5. 1 Central Park South (The Plaza)
(Owned by Guy Wildenstein)
Bedrooms: 6
Bathrooms: 7.5
Square feet: 8,033
Original price: $46.5 million
Current price/status: $42.4 million (Discounted)
Listing: Corcoran
Manhattan House
845 West End Ave
The Aldyn
15 Union Square West
The Rushmore Riverside
515 East 72

