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The New York Times

Big Ticket: A Home for the Holidays: A Penthouse in Chelsea’s Walker Tower

By: Vivian Marino
Published: 12/28/2014Source: The New York Times

The Walker Tower condominium Credit Michael Nagle for The New York Times 

 

A full-floor penthouse on the 23rd floor of Walker Tower, with panoramic city and water views, sold for $40,730,000, becoming the last of the 47 apartments in the converted Art Deco skyscraper to be claimed, as well as the most expensive closed sale of the week, according to city records.

Monthly carrying costs for the unit, PH2, are $9,342; the most recent asking price was $47,500,000.

The apartment, with five bedrooms and five and a half baths, has 6,738 square feet of interior space along with a 479-square-foot terrace. The floor-to-ceiling windows throughout provide stunning vistas of the Hudson River, New York Harbor and the Empire State Building. The residence also has three wood-burning fireplaces as well as premium finishes that include a Smallbone of Devizes kitchen and custom marble bathrooms; the master bath has a freestanding cast-iron bathtub and a steam shower.

Vickey Barron of Douglas Elliman Real Estate, the sales director at Walker Tower, said the buyers, who paid in cash, were represented by Carrie Chiang and Julian Berkeley of the Corcoran Group. She declined to disclose the buyers’ names, but said they were from California and would be using the apartment as a pied-à-terre, and that they also planned to spend part of the holidays there.

“This is the last unit to be sold,” Ms. Barron said. “Any other sale is a resale.”

Walker Tower, a 1929 building at 212 West 18th Street in Chelsea, had been used by Verizon as a storage facility before being converted a few years ago to condominiums by the JDS Development Group and Property Markets Group, in partnership with the Starwood Capital Group. Condo sales began in 2012.

The condominium set a downtown record in January when PH1, a floor above PH2, traded for $50.9 million.

 

Copyright © 2014 The New York Times Company. Reprinted with Permission. Michael Nagle/The New York Times. 

 

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