
The penthouse apartment, the supreme status symbol of New York real estate, generally refers to the apartment (or apartments) on the uppermost floor of a building. Whether the building is a five-story walk-up or a 150-floor skyscraper, sellers are keen on promoting this superlative aspect of their unit since the word still conjures up a home with wrap-around terraces, captivating views, and exemplary finishes and craftsmanship.
But of course, all penthouses aren't created equal, and lately, many are not even on the top floor. The term has been expanded by some savvy marketers as high-floor spreads with superior views, finishes, and layouts when compared to the bulk of the units below. Given their positioning, penthouse units are also most likely to have private outdoor space and the best views in the building. Lastly, who wouldn't love pressing the elevator button marked "PH," even if you are only almost at the top?
But of course, all penthouses aren't created equal, and lately, many are not even on the top floor. The term has been expanded by some savvy marketers as high-floor spreads with superior views, finishes, and layouts when compared to the bulk of the units below. Given their positioning, penthouse units are also most likely to have private outdoor space and the best views in the building. Lastly, who wouldn't love pressing the elevator button marked "PH," even if you are only almost at the top?
According to our market data, there are 329 units currently for sale in Manhattan that use some form of the penthouse nomenclature in their unit name. The overall median listing price of these apartments is $6.5 million, with condo units coming in at $7.15 million ($2,532/ft2) and co-ops for $3.32 million.
Penthouse units were not spared the significant decline in sales transactions last year, with tentative numbers showing a 30% drop in sales year-over-year. However, displaying their increased desirability, closing prices for penthouse units reached record heights in 2023 and sold 43% higher than Manhattan condos overall on a price-per-square-foot basis.
Penthouse units were not spared the significant decline in sales transactions last year, with tentative numbers showing a 30% drop in sales year-over-year. However, displaying their increased desirability, closing prices for penthouse units reached record heights in 2023 and sold 43% higher than Manhattan condos overall on a price-per-square-foot basis.
In this article:
Yesterday marked the first time since November the sunset was after 5:00 p.m. With spring around the corner, now's the time to begin thinking about your dream apartment complete with private outdoor space and postcard views. Below are two dozen of the most eye-catching penthouse spreads listed within the last two months. Among them is a hidden Cape Cod-style rooftop cottage listed for nearly triple the price of when it last on the market in 2017.
Another penthouse standout is a top-floor unit at Tribeca's 49 Chambers listed by Jackie and David Siegel. The couple was featured in the award-winning documentary The Queen of Versailles. As work continues on the Florida mansion featured in the documentary, the family has used it as a pied-a-terre as well as a home base for a daughter who works in the city. But as Ms. Siegel told the New York Post, "My husband is a real estate person and he likes flipping properties." To that end, the couple is seeking $19,500,000 for the duplex penthouse they paid $8.7 million for last year. It has three bedrooms, three full baths, two powder rooms, and a private roof terrace with outdoor kitchen, speakers and lighting, and lush plantings.
Another penthouse standout is a top-floor unit at Tribeca's 49 Chambers listed by Jackie and David Siegel. The couple was featured in the award-winning documentary The Queen of Versailles. As work continues on the Florida mansion featured in the documentary, the family has used it as a pied-a-terre as well as a home base for a daughter who works in the city. But as Ms. Siegel told the New York Post, "My husband is a real estate person and he likes flipping properties." To that end, the couple is seeking $19,500,000 for the duplex penthouse they paid $8.7 million for last year. It has three bedrooms, three full baths, two powder rooms, and a private roof terrace with outdoor kitchen, speakers and lighting, and lush plantings.

333 East 46th Street, #PHC (Douglas Elliman Real Estate)


50 Pine Street, #PH12S (Compass)

79 Perry Street, #PHF (Corcoran Group)

Jackson 175, #PH4D (Compass)


140 East 28th Street, #PHA (Douglas Elliman Real Estate)


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136 East 36th Street, #PH (Brown Harris Stevens Residential Sales LLC)



WaterBridge 47, #PHA (Douglas Elliman Real Estate)



280 Saint Marks Avenue, #PHC
$2,990,000
Prospect Heights | Condominium | 3 Bedrooms, 2.5 Baths | 1,667 ft2

280 Saint Marks Avenue, #PHC (Modern Spaces)



The Capri, #PHB (Douglas Elliman Real Estate)


34 East 10th Street, #PH10E
$4,495,000
Greenwich Village | Cooperative | 2 Bedrooms, 2 Baths | 2,000 ft2
34 East 10th Street, #PH10E (Corcoran Group)
15 Rivington Street, #PH
$4,995,000 (-5.8%)
Lower East Side | Condominium | 3 Bedrooms, 3 Baths | 2,200 ft2

15 Rivington Street, #PH (Compass)



The Campiello Collection on 18th Street, #PHA
$5,395,000
Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,778 ft2

The Campiello Collection on 18th Street, #PHA (Compass)




The Greenwich, #PH11C (Kleier Residential Inc)




The Aldyn, #PH4001
$7,199,900
Riverside Dr./West End Ave. | Condominium | 4 Bedrooms, 4.5 Baths | 2,930 ft2

The Aldyn, #PH4001 (Douglas Elliman Real Estate)




38 West 26th Street, #PH12 (Douglas Elliman Real Estate)



J Condominium, #PH33A (Corcoran Group)
325 West End Avenue, #PHW
$7,995,500
Riverside Dr./West End Ave. | Cooperative | 4 Bedrooms, 2.5 Baths

325 West End Avenue, #PHW (Douglas Elliman Real Estate)




The Ritz-Carlton Residences, New York, NoMad, #PH41D
$8,995,000
Chelsea | Condominium | 2 Bedrooms, 3 Baths | 1,848 ft2

The Ritz-Carlton Residences, New York, NoMad, #PH41D (Serhant LLC)




175 West 10th Street, #PH6 (Compass)





The Minthorne House, #PH (Compass)





Maison Hudson, #PENTHOUSE (Douglas Elliman Real Estate)




Trump World Tower, #PH88B
$16,500,000
Turtle Bay/United Nations | Condominium | 4 Bedrooms, 3.5 Baths | 5,380 ft2
Trump World Tower, #PH88B (Corcoran Group)

49 Chambers Street, #PHB (Douglas Elliman Real Estate)



The Schumacher, #PHA (Corcoran Group)
135 East 79th Street, #PH15W
$22,500,000
Carnegie Hill | Condominium | 5 Bedrooms, 5.5 Baths | 5,086 ft2

135 East 79th Street, #PH15W (Douglas Elliman Real Estate)



215 Chrystie Street, #PH2
$25,000,000
Lower East Side | Condominium | 4 Bedrooms, 4.5 Baths | 4,236 ft2

215 Chrystie Street, #PH2 (Compass)





24 Leonard Street, #PH (The Agency Brokerage)




Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?