The roof deck looks like Darth Vader's city residence (this, we hasten to add, is a good thing), while the interiors look like Lando Calrissian's Bespin Cloud City. Of course, if Vader and Calrissian had some serious cash. Like shorting-the-insurance-company-that-held-the-policy-on-the-Death-Star-just-before-Luke-gets-in-the-X-Wing kind of cash. One cannot help but wonder if Emperor Palpatine takes as loose a view of his senators and insider trading as we do? Anyhow.
520 West 28th St., PH 37-39 is a three-level, 11,000+ square foot penthouse in a building designed by the late, great Zaha Hadid. To put that in context, it's roughly the size of two traditional Greenwich Village townhouses. Except as a condo.
The listing states, "Additional features include automated robotic parking and storage vaults with a private viewing room. Curated services include full-time concierge, doorman, Luxury Attaché lifestyle services and hand-delivered mail." Robotic parking. Just so you didn't feel that our Star Wars references were gratuitous here. Also, we're imagining residents using the private viewing room in the storage vaults to basically recreate the opening scene from Snatch. Also, to check on their gold bars as they hit all-time record price levels because of massive economic uncertainty.
The asking price is $38 million for $11,000 square feet. The buyer for this unit will likely be paying cash, anyhow, so we're not even going to bother calculating the mortgage. But for fun, the carrying costs are approximately $50,000 per month or $600,000 per year – monthly takes of $21,000 and condo fees of $25,000. It's the equivalent of having one's entire post-tax salary as a mid-senior level investment banker spent on carrying costs. smdh.
For market commentary or for data regarding a story, please contact us at (917) 447-8800.
© 2012-2017 NeighborhoodX Corp. All rights reserved.
All information regarding property for sale, rental, exchange, or financing, as well as data regarding neighborhoods, boundaries, zoning, transit, historic districts, public housing, and analytics derived from any of these sources, is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale, rental, or withdrawal without notice. Please see Terms of Service for additional restrictions.
All square footage dimensions are approximate. For exact dimensions, you must retain the services of an architect or engineer. The number of rooms and bedrooms listed should not be considered a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom. Nothing herein shall constitute an offer or solicitation with respect to the purchase or sale of any property in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make an offer or solicitation.
A trademark can be a word, phrase, symbol, or design that distinguishes the source of the goods or services.
The NeighborhoodX name and logo are registered trademarks of NeighborhoodX Corp.
The following is a non-exhaustive list of NeighborhoodX's trademarks and service marks. The absence of a trademark from this list does not constitute a waiver of NeighborhoodX's trademark or other intellectual property rights concerning that name or logo.
A SALE OF TWO CITIES
HOMES IN THE RANGE
REAL ESTATE REGRETS