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Manhattan’s Luxury Market Perks Up From the Usual September Slowdown

Casey Farmer | Mansion Global

The second-most-expensive home to find a buyer last week was a 19th-floor unit at the Flatiron Building. The apartment was asking $25.5 million, up from $25 million, when the units were being marketed off floor plans last year. 

Overlooking Madison Square Park, the home spans 4,575 square feet, with four bedrooms, four and a half bathrooms, and a 63-foot-by-27-foot great room with 12-foot ceilings.

The residences, which are the building’s first since it was built in 1902, are expected to be completed by the end of the year. Seventeen of the 36 units in the 22-story building have already found buyers, averaging $4,829 per square foot. Amenities will include a doorman, a gym, a lap pool, a sauna, a cold plunge and a billiards room. 

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