Penthouse in Manhattan’s Iconic Tower Sells for $25 Million
A luxurious duplex penthouse in a new condominium on Manhattan’s Upper East Side has been sold for an impressive $25 million. This sale surpasses the next highest unit price in the building, highlighting its exclusivity.
Penthouse Overview
Located at 74 East 74th Street, this four-bedroom residence occupies the top two levels of a 32-story tower, known as The 74. With a generous 5,264 square feet of interior space and an additional 1,600 square feet of outdoor space, the penthouse features a remarkable 70-foot long terrace.
Design and Features
- The floor-to-ceiling glass walls allow stunning views of Central Park.
- The primary suite offers its own private outdoor terrace.
- Architecture and interiors were crafted by Pelli Clarke & Partners and designer Rafael de Cárdenas.
Elyse Leff, a representative from the Elad Group, noted the penthouse’s distinctive design and comfortable living spaces. She stated, “It’s a home where the architecture and interiors speak the same language.”
Building Details
The 74 is nearing completion with a total of 42 units designed with a modern pleated and glazed terracotta exterior. As of June, 26 units have sold. Prices range from $1 million for studios to $12.39 million for full-floor apartments, emphasizing the building’s luxury status.
Sales Conditions
The $25 million sale has not yet been recorded in public property records. The buyer remains undisclosed, and the transaction was facilitated by Barbara Russo of Douglas Elliman Development Marketing.
Amenities
Residents of The 74 enjoy various amenities, enhancing the living experience:
- A ground-level lounge and garden.
- A 17th-floor amenity space featuring a catering kitchen, dining room, and gym.
- A dedicated children’s playroom for families.
This duplex penthouse exemplifies modern luxury on one of Manhattan’s historic blocks, perfectly merging sophisticated design with breathtaking views.
