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Penthouse at NuSun Vernon in Astoria Penthouse at NuSun Vernon in Astoria
Record-breaking penthouse sales have been unfolding across New York City in recent months, from Astoria to the Upper East Side to Williamsburg. In Manhattan, the $89.5 million penthouse at 1122 Madison Avenue set a new Upper East Side condominium record, both in total price and price per square foot, conveying continued demand at the very top of the market. At the same time, Brooklyn and Queens are setting their own milestones, showing that the appeal of penthouse living is no longer confined to traditional Manhattan park-side enclaves.
Penthouse apartments have long represented the pinnacle of urban living, a concept rooted in early 20th-century Manhattan when top floors were transformed from utilitarian space into coveted residences with outdoor space. Today, that appeal endures. The combination of privacy, light/views, and outdoor space are difficult to replicate on lower floors of building. As luxury broker Mike Fabbri puts it, “The value of owning outdoor space…makes you feel more sun and sky. You’re buying a penthouse for an element beyond just square footage.”

In this article:

Sutton Tower, 430 East 58th Street
Sutton Tower, 430 East 58th Street Beekman/Sutton Place
255 East 77th Street
255 East 77th Street Lenox Hill
Monogram New York, 135 East 47th Street
Monogram New York, 135 East 47th Street Midtown East
The Perrie, 234 East 46th Street
The Perrie, 234 East 46th Street Turtle Bay/United Nations
1122 Madison Avenue
1122 Madison Avenue Carnegie Hill
1122-Madison-Avenue-02 Since launching sales in mid-January, 22 of 1122 Madison's 26 condominium residences have entered contract, representing more than $400 million in total sales at an average of over $5,000 per square foot, including the record-breaking $89.5 million penthouse, the highest price and price per square foot ever for a condominium in the neighborhood.

“The value of owning outdoor space…makes you feel more sun and sky. You’re buying a penthouse for an element beyond just square footage.”— Mike Fabbri, luxury real estate broker at The Agency

What distinguishes today’s new development penthouses is how they pair that legacy with contemporary design and infrastructure. High ceilings, expansive terraces, and full-floor layouts are now complemented by advanced HVAC systems, curated finishes, and access to amenities that rival those of five-star hotels. But even as design evolves, penthouse fundamentals remain unchanged. “Views are paramount,” Fabbri notes. “That’s such an important point of holding value in a penthouse…along with the privacy and the idea that you’re on the top floor with no one above you.”
High-floor terrace overlooking Central Park at 1122 Madison Avenue High-floor terrace overlooking Central Park at 1122 Madison Avenue
Nowhere is this more evident than at 1122 Madison Avenue, where the building’s rapid sales (22 of 26 residences in contract totaling over $400 million) display how quickly buyers respond to well-executed product. That project has also recorded the highest concentration of $10 million-plus sales north of 62nd Street.
At the same time, the momentum is expanding beyond Manhattan’s exclusive blocks. In Astoria, NuSun Vernon has set a new record for the neighborhood, where a three-bedroom duplex penthouse sold late last year for $2.88 million, the highest residential sale ever recorded there.
Developed by Sunlight Development and designed by FXCollaborative with Tang Studio Architect, the nine-story, 122-unit waterfront building shows the appeal of spectacular views and the city's ongoing reclamation of its shoreline.
Two of NuSun Vernon's penthouses broke Astoria condo records
NuSun Vernon's studio to three-bedroom homes feature double and triple exposures, minimal yet warm interiors, and more than 9,000 square feet of amenities. The team explains its level of design and detail was previously unseen in Astoria. Its penthouses, many with expansive private terraces, including one spanning over 1,400 square feet, have proven especially compelling. NuSun Vernon sales director Angelus Chen says, “No one complains. The lifestyle here is very peaceful,” a sentiment that captures the quieter, more residential appeal emerging along the East River.

NuSun Vernon, #PHB (GLOBAL REAL ESTATE VENTURES GROUP LLC)

Ultimately, the recent wave of record-breaking penthouse sales points to a broader truth about the market, that even while there is geopolitical turbulence, demand for top-floor living (and ultra-luxury living in general) has remained remarkably resilient. And as Fabbri notes, that intangible “cachet” still carries weight: penthouse buyers, more than anyone, are buying into a feeling as much as a floor plan.
Penthouse #3A at One Domino Square closed for an even $7 million. At $3,313 per square foot, it now holds the record for the most expensive sale in Williamsburg by price per square foot.
The recent wave of record-breaking penthouse sales points to a broader truth about the market, that even while there is geopolitical turbulence, demand for top-floor high-end living (and ultra-luxury living in general) has remained remarkably resilient. Fabbri explains the intangible “cachet” that still carries weight: penthouse buyers, more than anyone, are buying into a feeling as much as a floor plan.
So, from the Upper East Side to the shores of Queens, penthouses continue to command attention for not only their light, space, privacy, but their sense of elevation that is as much psychological as it is physical. Find below a round-up new development penthouse on the New York City market now.


Select New Development penthouses on the market now

Financial District - Battery Park City


77 Greenwich Street, #PH (Reuveni LLC)

The Greenwich by Rafael Vinoly, #PH1A (Douglas Elliman Real Estate)

Downtown


Sixty Six Clinton, #PHA (Compass)

The Florian, #PHB (Douglas Elliman Real Estate)

Forena, #PHB (Serhant)

100 Franklin Street, #PHS (Compass)

Park House Chelsea, #PHA (Compass)
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VU New York, #PH34A (Brown Harris Stevens Residential Sales LLC)

The Elisa, #PH (Nest Seekers LLC)

The Cortland, #PH23 (CORE Group Marketing LLC)

Sixteen Fifth Avenue, #PH2 (Corcoran Sunshine Marketing Group)

Midtown


The Perrie, #PH2105 (Corcoran Group)

Monogram New York, #PHB (Douglas Elliman Real Estate)

Sutton Tower, #70 (Corcoran Sunshine Marketing Group)

Upper East Side


Gracie Green, #PH11 (Douglas Elliman Real Estate)

255 East 77th Street, #PHDUPLEX (Compass)

The Upper West Side


393 West End Avenue, #PH (Brown Harris Stevens Development Marketing LLC)

The Henry, #PHB (Compass)

Upper Manhattan


La Mariposa, #5R (Brown Harris Stevens Residential Sales LLC)

Brooklyn


Calvert House, #PH7C (Corcoran Group)

72 Quincy Street, #PENTHOUSE (Corcoran Group)

56 Quincy Street, #PENTHOUSE (Corcoran Group)

The Pacific, #PH6 (Serhant)

22 Saint Johns Place, #PH (Douglas Elliman Real Estate)

591 10th Street, #PH (Douglas Elliman Real Estate)

One Williamsburg Wharf, #PHC (Serhant)

Fifty One Domino, #PH (Serhant)

The Crescent, #PH (Serhant)

The Brooklyn Tower, #PH92 (Corcoran Sunshine Marketing Group)
Would you like to tour any of these properties?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?