Hiroshi Sugimoto-designed apartment at 432 Park enters contract with $92 million ask, 2023's highest to date

By CityRealty Staff | From Great Listings Wednesday, August 30, 2023

432 Park Avenue, #79 (Engel & Volkers)

Earlier this week, it was reported that Manhattan's luxury market had slowed to its lowest level in almost a year, owing to the small number of luxury contracts signed before the Labor Day holiday. However, it appears to have gotten quite a jolt: A full-floor apartment at 432 Park Avenue just went into contract with a $92,000,000 asking price. If it closes for this asking price, it will eclipse the recent $80 million sale at 220 Central Park South as the year's highest; it has already beaten that out as the most expensive contract of 2023 to date.

Residence #79 has the same 10' x 10' windows as its counterparts in the Rafael Viñoly-designed supertall to look out on spectacular city views in all four directions. However, this apartment was custom built from a white box to a Japanese design masterpiece by Hiroshi Sugimoto with custom mechanicals, furniture, and art installations throughout, along with the finest materials, finishes, and appliances.

The apartment was initially listed for $135,000,000 in September 2021, a price that includes the apartment, the built-in furniture and art installations, two storage units, and two adjacent studio apartments on a lower floor that can be used for staff or guests, as a separate home office or gym, or combined into a 1,000-square-foot unit. The unidentified buyer will enjoy access to the building's amenities and services, which include a fitness center, a 75-foot indoor pool with double-height ceiling, a library, and an exclusive restaurant run by Michelin-starred chef Shaun Hargatt.

↓ 432 Park Avenue, #79 — $92,000,000

5 beds, 5 full baths, 2 powder rooms | 8,055 ft²

↓ Upon arrival via private elevator landing, a minimally designed foyer leads to a custom tea room with electric heater at the center.

↓ The grand salon with skyline and river views can host large gatherings and intimate evenings alike.

↓ Shoji screens over the windows allow the owner to control the amount of light that comes in.

Living room with shoji screens on windows

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↓ The kitchen was custom designed with hammered aluminum cabinetry, a long center island with dishwasher, two refrigerators, and a handmade Molteni stove and oven that had to be assembled on-site.

Windowed kitchen with center island and custom cabinetry

↓ From cedar ceilings to ceramic floor tiles, no detail or material was overlooked.

↓ The massive primary bedroom enjoys views of Central Park and the Midtown skyline from the custom platform bed.

↓ The primary bedroom has two en suite baths — one with a rain shower, one with a cedar soaking tub, and both with views of Central Park.

Cedar soaking tub in front of window facing Central Park

Rain shower and window overlooking Central Park

↓ All secondary bedrooms feature minimalist palettes, custom furniture, and sweeping views.

Secondary bedroom with built-in shelving and custom platform bed

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↓ 432 Park Avenue, #79 — $92,000,000

↓ Upon arrival via private elevator landing, a minimally designed foyer leads to a custom tea room with electric heater at the center.

↓ The grand salon with skyline and river views can host large gatherings and intimate evenings alike.

↓ Shoji screens over the windows allow the owner to control the amount of light that comes in.

Select which properties are of interest to you:

↓ The kitchen was custom designed with hammered aluminum cabinetry, a long center island with dishwasher, two refrigerators, and a handmade Molteni stove and oven that had to be assembled on-site.

↓ From cedar ceilings to ceramic floor tiles, no detail or material was overlooked.

↓ The massive primary bedroom enjoys views of Central Park and the Midtown skyline from the custom platform bed.

↓ The primary bedroom has two en suite baths — one with a rain shower, one with a cedar soaking tub, and both with views of Central Park.

↓ All secondary bedrooms feature minimalist palettes, custom furniture, and sweeping views.

This is your member's center

In this article:

↓ 432 Park Avenue, #79 — $92,000,000

↓ Upon arrival via private elevator landing, a minimally designed foyer leads to a custom tea room with electric heater at the center.

↓ The grand salon with skyline and river views can host large gatherings and intimate evenings alike.

↓ Shoji screens over the windows allow the owner to control the amount of light that comes in.

Select which properties are of interest to you:

↓ The kitchen was custom designed with hammered aluminum cabinetry, a long center island with dishwasher, two refrigerators, and a handmade Molteni stove and oven that had to be assembled on-site.

↓ From cedar ceilings to ceramic floor tiles, no detail or material was overlooked.

↓ The massive primary bedroom enjoys views of Central Park and the Midtown skyline from the custom platform bed.

↓ The primary bedroom has two en suite baths — one with a rain shower, one with a cedar soaking tub, and both with views of Central Park.

↓ All secondary bedrooms feature minimalist palettes, custom furniture, and sweeping views.

Select which properties are of interest to you:

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