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

432 Park Avenue, #79 (Engel & Volkers)

Wednesday, Aug 30, 2023 By CityRealty Staff, CityRealty contributor

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

Would you like to tour this property?

Just complete the info below.

Or call us at (212) 755-5544

↓ 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

Would you like to tour any of these properties?

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.

Making an Entrance: Top NYC Buildings with Porte-Cocheres and Dramatic Driveways

Top 15 fitness centers in NYC condos as Radiant hits 60% sold and readies for move-ins

Top 10 Park Avenue buildings + Beautiful listings on New York's greatest residential boulevard

Top-selling NYC buildings and priciest contracts of Q1 2026

Women dominate top celebrity deals of Q1 2026; Deals include NYC homes of Gracie Abrams, Annie Leibovitz, and Oleg Cassini

In honor of Women's History Month, see NYC residential buildings designed by female architects

Landmarks praises residential conversion/restoration of NoMad's Baudouine Building, Seeks revisions to rooftop addition

Paul Newman's parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales

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

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:

Listings in this article

Tags:

Related Articles

Making an Entrance: Top NYC Buildings with Porte-Cocheres and Dramatic Driveways

Top 15 fitness centers in NYC condos as Radiant hits 60% sold and readies for move-ins

Top 10 Park Avenue buildings + Beautiful listings on New York&#039;s greatest residential boulevard

Top-selling NYC buildings and priciest contracts of Q1 2026

Women dominate top celebrity deals of Q1 2026; Deals include NYC homes of Gracie Abrams, Annie Leibovitz, and Oleg Cassini

In honor of Women&#039;s History Month, see NYC residential buildings designed by female architects

Landmarks praises residential conversion/restoration of NoMad&#039;s Baudouine Building, Seeks revisions to rooftop addition

Paul Newman&#039;s parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales

Search

Market Data

Market Insight

CityRealty

My Account

Top 10 Park Avenue buildings + Beautiful listings on New York's greatest residential boulevard

In honor of Women's History Month, see NYC residential buildings designed by female architects

Landmarks praises residential conversion/restoration of NoMad's Baudouine Building, Seeks revisions to rooftop addition

Paul Newman's parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales