TriBeCa Penthouse At 140 Franklin Street Sells For $14.5 Million

140 Franklin Street PHA
140 Franklin Street PHA

A loft penthouse duplex at 140 Franklin Street with over 5,000 sqft of interior space and a 2,200 sqft landscaped terrace sold for $14.5 million. The 4 bedroom 3.5 bath residence was initially purchased for $10.75 million in 2018. The grand double height living room features a skylight, original cast iron columns and a wood burning fireplace. 140 Franklin Street was built in 1887 in the Romanesque Revival style and converted to a boutique full service condominium in 2000. [NY Post]

140 Franklin Street PHA, Terrace
140 Franklin Street PHA, Terrace

Penthouse at 200 Amsterdam Listed For $19.3 Million Is In Contract

200 Amsterdam Avenue, Master Bedroom
200 Amsterdam, Master Bedroom

The 4,000 sqft penthouse on the 45th floor of 200 Amsterdam listed for $19.3 million is in contract. The 3 bed 3.5 bath residence includes floor to ceiling windows with views of Central Park, the Hudson River and the George Washington Bridge. A 116 ft terrace spans the entire east side of the apartment overlooking Central Park. [Mansion Global]

200 Amsterdam is a 52 story tower on the Upper West Side, near Lincoln Center, with 3 floors of amenities including a fitness center and spa, 75 ft saltwater pool, and private club.

200 Amsterdam Ave., Living Room
200 Amsterdam Ave., Living Room

Manhattan Penthouse Sales Surge In 2021

30 Park Place Penthouse, double height loggia
30 Park Place Penthouse, double height loggia

“In Manhattan, penthouse contracts signed from Jan. 1 to May 31 of this year were the most on record since 2007,” the inception of the research data, reports Mansion Global . “A total of 222 penthouses went into contract in the first five months of the year, a 35% increase from the same period in 2019…

One of the highest-priced penthouse contracts so far this year is Penthouse 88A at 15 Hudson Yards on Manhattan’s far West Side, which went into contract asking $29.5 million earlier this month. 

Other notable penthouse transactions include a pair at the Four Seasons Private Residences at 30 Park Place in Tribeca, one went into contract in April and closed on May 26 for $18.5 million, and the other found a buyer with an asking price of $25 million on April 28. 

Also, a pair of penthouses at Lantern House in Chelsea, designed by Thomas Heatherwick, priced at $18.947 million and $16.975 million, went into contract in February and June, respectively.

Currently, the most expensive penthouse available for sale in Manhattan is the pinnacle penthouse at The Woolworth Tower Residences, listed for $79 million in March.”

Woolworth Tower, 2 Park Place, Pinnacle Penthouse
Woolworth Tower, Pinnacle Penthouse