News | April 25, 2013

Manhattan’s Most Expensive Property Listed for $125 Million

News | April 25, 2013

By Jennifer Kamm

Looking for the most expensive property in Manhattan? Well, look no more. The Pierre Hotel penthouse just hit the market for $125 and is currently being touted as the city’s priciest penthouse, according to Forbes.

Located at 795 Fifth Avenue on the Upper East Side, the 16 room penthouse encompasses the entire 41st, 42nd and 43rd floors. It features five en-suite bedrooms, six bathrooms, plus four terraces with breathtaking views of Manhattan. The unit also boasts 23-foot ceilings, large windows and intricate architectural details.

The sprawling space was previously owned by author and stock market analyst Martin Zweig, who died in February at the age of 70. Zweig bought the apartment in 1999 for $21.5 million in an all-cash transaction, as the Pierre Hotel does not allow financing.

Check out pictures below!