Top 50 NYC Penthouses for Sale

The Appeal of Owning a New York City Penthouse

Owning a Penthouse apartment in NYC has long been an indication of having a superior level of wealth. It’s the ultimate status symbol of the rich and guaranteed to garner wanted, and sometimes unwanted, attention in the luxury real estate market. In NYC, ultra high net worth individuals are not only showing off with these over-the-top apartments, but they are also preserving their wealth by stashing $20 million, $50 million, $100 million and now even up to $200M into these vertical bank accounts of sorts - New York real estate. Investment property in this New York is seen as a stable and lucrative option.

Penthouses for sale in NYC are highly sought after for their exclusivity, luxury, and spacious layouts, often occupying the top floors of prestigious buildings and offering amenities that appeal to high-end buyers.

For many high-net-worth individuals, purchasing a penthouse in NYC is viewed as a strategic investment, offering both prestige and long-term financial security.

Why not store value outside traditional financial institutions? Let’s be honest, real estate can be a safer investment than keeping tons of money in a bank account (where the FDIC covers only $250K if the bank goes under - remember Lehman) or the stock market (again, remember Lehman Brothers when the Dow fell to 6,000?). These trials and tribulations in financial markets happen more than one would think and for the top 1%, owning a Penthouse in NYC might make a lot of sense. Many ultra high net worth individuals invest in penthouses to preserve their wealth in real estate rather than traditional financial institutions.

Historical Significance and Modern Advancements

Looking back 100 years, the top floor of a residential building was always relegated to the staff quarters and not considered a special apartment like we do today. Staff would have to walk up 12 flights of stairs to get to their homes. Today, our wealthiest clients would never entertain anything like that, thanks to modern architectural design. Penthouses are generally quieter than lower-floor units due to their top-floor location, resulting in less street noise and fewer neighbors.

The evolution of penthouse living in New York set a precedent for luxury apartments across the USA, where similar trends in high-rise living and architectural innovation have emerged.

With the adoption of elevators in the 1920s, New York real estate changed dramatically. In NYC, the first Penthouse apartment was thought to be at 1107 Fifth Avenue in the Upper East Side. With 54 rooms on the top 3 floors of this 14-story building, New York City had never seen such a thing. Little did they know what was to come. Modern amenities have also played a significant role in transforming penthouse living.

Technological advancements have allowed developers to build their towers much much taller, reaching 1,500 feet in the air, such as the penthouse at Central Park Tower. Recent elevator advancements allow owners to get to their 129th floor apartments in 90 seconds. When not in the clouds (which sometimes happens), natural light floods these high-rise penthouses, enhancing the expansive interior space and allowing for all four exposures.

Features of Luxury Penthouses

Definition of New York Penthouse has Changed

While most people consider the Penthouse level to be solely the top floor of the building, today, that is no longer the case. For example, 15 Hudson Yards has 9 floors of penthouses! Many of these luxurious penthouses feature only two bedrooms, catering to a variety of upscale living needs. Many also come with a private elevator for added convenience and exclusivity.

Often, penthouses will have large living spaces, high ceilings, the grandest floor plans, huge bedroom suites, and special amenities such as private outdoor terraces, private pool, spacious dining area, breakfast bar, floor-to-ceiling windows, and one-of-a-kind layouts and finishes.

Most New York City penthouses will have outstanding views whether they are located on the 40th floor or the 100th floor, so that is the one thing that is consistent about them. These properties offer expansive views and sweeping views of the cityscape, enhancing the luxurious living experience. No longer are double sinks sufficient, many penthouses have his and hers primary baths with luxurious finishes.

If you have a fear of heights and are considering buying a NY Penthouse, you may want to reconsider, or choose one in a low-rise building. Penthouses on the 70th, 80th or 129th floor are not made for the faint of heart.

Interior Space and Exterior Space Expectations

Developers usually build the largest units at the top of the building, so expect the size of the apartment to equal the floor plate of the building itself. The penthouses mentioned here have a minimum of 5,000 interior sq ft. These expansive interiors often feature an open space concept, allowing for versatile use such as entertaining guests, hosting business meetings, or simply relaxing in a functional and aesthetically pleasing environment. Penthouses are often larger than standard apartments due to being located at the top of the building. While some have terraces and loggias, many do not for the simple reason that high winds can impede enjoyment of outdoor space at high altitudes.

The higher one goes in a building, the more wind and weather one will experience. This is why there are very few supertalls that have outdoor space as part of their penthouse apartments. Unless the apartments are designed in a way to limit the effects of high winds at higher altitudes, those outdoor spaces won’t be as useful as one might expect.

Luxurious Touches in NYC Penthouses

Luxury penthouses in NYC set the standard for opulent city living, offering an unmatched blend of comfort, style, and exclusivity. These extraordinary residences are often perched on the top floor of Manhattan’s most prestigious buildings, providing sweeping views of the Manhattan skyline, the Hudson River, and even iconic landmarks like the Empire State Building, the Statue of Liberty, One World Trade, and the World Trade Center. Floor-to-ceiling windows flood these penthouses with natural light, creating open spaces that feel both expansive and inviting.

Many NYC penthouses feature private elevators, ensuring direct and discreet access to your home. Inside, you’ll find spacious dining areas perfect for entertaining, gourmet kitchens with breakfast bars, and bedrooms designed as tranquil retreats. Oversized two-bedroom penthouses are especially popular in NYC, offering the ideal balance of luxury and practicality for those seeking both comfort and sophistication.

Douglas Elliman and other leading real estate agencies frequently showcase these luxury penthouses in their listings, highlighting unique amenities such as expansive outdoor terraces, state-of-the-art smart home systems, and spa-like bathrooms. Whether located in the heart of Midtown, the vibrant neighborhoods of Downtown Manhattan, or overlooking the East River, these properties range from sleek, modern apartments to classic, historic residences—each with its own distinct character.

With sizes ranging from 1,000 to over 10,000 sq ft, NYC penthouses cater to a variety of lifestyles and preferences. The demand for these properties remains high, driven by their unparalleled views, prime locations, and the prestige associated with penthouse living. Prices can vary widely, from $1 million for boutique buildings to over $50 million for the most exclusive sky-high retreats.

For those interested in exploring the NYC penthouse market, there are numerous online resources and websites dedicated to luxury real estate, offering detailed listings, high-resolution photos, and virtual tours. Whether you’re looking to buy, sell, or rent, working with a knowledgeable real estate agent who specializes in luxury properties is essential to navigating this competitive market.

From the dazzling lights of Times Square to the tranquil beauty of Central Park, owning or renting a penthouse in New York City means experiencing the very best the city has to offer. With their stunning skyline views, luxurious amenities, and prime locations, NYC penthouses are the ultimate symbol of success and sophistication. If you’re ready to explore the world of luxury penthouses in NYC, our team is committed to providing expert guidance and exceptional service—contact us today to begin your search for the perfect property.

Bedrooms and Layout in NYC Penthouses

When it comes to luxury penthouses in New York, the bedrooms and layouts are designed to impress even the most discerning buyers. Many NYC penthouses feature two or more bedrooms, with master suites that serve as private sanctuaries high above the city. These bedrooms often boast floor-to-ceiling windows, offering breathtaking views of the Manhattan skyline, the Hudson River, or the vibrant streets of downtown Manhattan. Natural light pours in, creating a serene and inviting atmosphere that makes every morning feel extraordinary.

The layouts of these penthouses are carefully crafted to maximize both comfort and functionality. Spacious walk-in closets, lavish en-suite bathrooms, and private sitting areas are common features in these luxury residences. Some penthouses even include a private elevator, providing direct access to your suite for the ultimate in privacy and convenience. Penthouses often feature innovative layouts, ensuring that every square foot is optimized for luxury living. Luxury penthouse suites may even include their own wellness areas and media rooms for entertainment.

Whether located in the heart of downtown, overlooking the Hudson River, or perched atop a landmark building, the bedrooms in NYC penthouses are designed to deliver stunning views and a sense of tranquility. With open floor plans, expansive living areas, and seamless access to the rest of the residence, these bedrooms set a new standard for luxury in New York real estate.

How much does a penthouse cost in New York NY? 

Penthouses in Manhattan can be very expensive, with the price per square foot often reaching astronomical levels. The luxury market is particularly competitive, driving prices even higher. The most expensive and exclusive penthouse for sale in Q2 2024 is a triplex at Central Park tower at $195M. The price of this triplex had been reduced from $250M.

In addition, penthouse owners may face significantly higher monthly common charges or maintenance fees due to their unit's size and location in the building. Many penthouses have large outdoor space which pose their own issues. For example, these spaces are often exposed to the elements which can lead to higher utility costs, higher repairs and maintenance fees, and potential weather-related maintenance challenges. On challenge is that in managing private outdoor spaces is that such maintenance requires an intrusion by many building staff, no doubt an inconveniece for penthouse owners.

Market Trends in NYC Penthouse Sales

The market for NYC penthouses remains one of the most dynamic and competitive segments of the luxury real estate world. Recent trends indicate that demand for luxury penthouses continues to surge, with buyers seeking out properties that offer not only exceptional amenities but also iconic views of the East River, Empire State Building, and the ever-evolving Manhattan skyline. As a result, prices for penthouses in Manhattan have reached new heights, with the average price per square foot ranging from $2,000 to $5,000 or more, depending on the building, location, and level of luxury. Luxury penthouses in established neighborhoods, such as Tribeca and Brooklyn Heights, are considered sound investments with strong appreciation potential.

According to the latest market reports, penthouses located in buildings with exclusive amenities—such as rooftop pools, private dining areas, and state-of-the-art fitness centers—are especially sought after. Properties that offer sweeping views of the East River or direct sightlines to the Empire State Building often command a premium, reflecting the high demand for these unique vantage points. As luxury penthouses become increasingly scarce, competition among buyers has intensified, driving prices even higher and making these properties a prized investment.

With the continued growth in demand and limited supply, the NYC penthouse market shows no signs of slowing down. For those interested in purchasing a penthouse, now is an opportune time to explore the market and secure a property that offers both luxury and long-term value.

Investment Opportunities in NYC Penthouses

Investing in a penthouse in New York City is more than just acquiring a luxurious residence—it’s a strategic move with significant potential for appreciation and rental income. The demand for luxury penthouses in Manhattan, especially in neighborhoods like Midtown and downtown Manhattan, remains robust, fueled by both local and international buyers seeking stunning views of the Manhattan skyline and access to world-class amenities. Penthouses can hold their value well and are often more resistant to market volatility due to their limited supply and desirable features.

Many investors choose to rent out their penthouses, capitalizing on the high demand for luxury rentals in NYC. These properties often attract high-end tenants willing to pay a premium for the exclusivity, sweeping views, and prime locations that penthouses offer. Over time, the value of these properties tends to appreciate, making them a solid long-term investment. The combination of strong rental yields and capital appreciation makes NYC penthouses a compelling addition to any investment portfolio.

Whether you are looking to purchase a penthouse for personal use, as a rental property, or as a part of a diversified investment strategy, the opportunities in the NYC market are unparalleled. With access to the best of Manhattan, from cultural landmarks to fine dining and entertainment, penthouse ownership offers both financial rewards and an unmatched lifestyle.

Notable NYC Penthouses in Midtown Manhattan

Central Park Tower

Central Park Tower has the tallest penthouse in New York and the world, a triplex penthouse (3 full floors) that starts on the 129th floor that is listed for $195 Million. This penthouse is the most expensive penthouse in NYC. It's also huge at 15,898 sq ft interior and 1,433 exterior space. Central Park Tower also has a duplex penthouse starting on the 127th floor with 11,535 sq ft interior space. In addition, while not penthouses per se, Central Park Tower also has 19 full floor, approx 7,000 sq ft apartments from the 107th to the 126th floors, all with skyline and 360-degree views. Apartments at CPT, as it's called have floor to ceiling windows in a glass curtain wall.

220 Central Park South

220 Central Park South, one of the most expensive buildings in NYC, is the pinnacle of luxury. The position of the building along Central Park South allows for sweeping views of the park. The most expensive penthouse to sell in this building was PH73 which sold for $188 million in December 2021, however, since then the building sold a non-penthouse apartment, a triplex on the 50th floor, for $240 million in January 2019 - a record breaking amount.

432 Park Avenue

At 432 Park Avenue the most expensive listing in 2021 was $169 million, however, the apartment didn't sell and was taken off the market in 2022 but re-listed at $105M. At 8,255 sq ft it is one of the largest full-floor New York Penthouses.

15 Central Park West

A penthouse like the one at 15 Central Park West has 6,444 sq ft interior and 1,870 sq ft of usable outdoor space over looking Central Park from the 41st floor. This would be a great option for a buyer who wants to connect to Central Park as if it were the back yard. It's a perfect apartment for entertaining. This penthouse also offers a stunning skyline view and vistas of the East River.

50 West 66th Street

Perched atop Manhattan’s Upper West Side, the penthouse at 50 West 66th Street is the ultimate urban sanctuary in the leafy neighborhood of the Upper West Side. With 360-degree views of Central Park, the Hudson River and the Manhattan skyline, this residence takes up the top two floors in the 69-story tower by Extell Development Company and designed by Snøhetta. Floor-to-ceiling windows, soaring 14'6" ceilings and private loggias that frame the city like a living work of art. Inside you’ll find custom finishes—from Smallbone kitchens outfitted with Miele and Sub-Zero appliances to the rich textures of hand-set limestone, burnished bronze and natural hardwood floors.

56 Leonard

The top penthouse at 56 Leonard, known as the 'Jenga Tower', features stunning skyline views that span major landmarks, bridges, both rivers and the skyline. The building’s nickname comes from the way its form appears to be composed of stacked blocks that shift, jut out, and cantilever, much like the game Jenga. PH60 has 7,779 interior and 1,252 exterior square footage. The Swiss architects Herzog & de Meuron designed this rare trophy building in the heart of Tribeca.

NYC Penthouse in Downtown

One High Line Residences

Located in the vibrant West Chelsea neighborhood, One High Line penthouses are the epitome of sophistication, offer stunning views of the city and the Hudson River. While this building is not a super tall, like those in Midtown, these twisting towers are some of the tallest in this low rise neighborhood allowing for great views. The Faena hotel is located on the lower floors of the East tower, a rarity especially in downtown.

The Cortland

Unlike many of the buildings listed here, The Cortland, located in the Upper West Side West Chelsea is only 25 stories tall. The top three apartments are penthouses ranging from 5,760 sq ft to 6,320 sq ft with the most expensive listed around $40M. While not a penthouse per se, unit 11AW is a most unique apartment in the building with a huge terrace that overlooks the Hudson River and is perfect for entertaining, simply unwind on a day to day basis and even gardening.

56 Leonard

Known as the "Jenga Tower," 56 Leonard is an architectural masterpiece. The penthouse has a breathtaking skyline view and unique design. Designed by Hurzog & DeMuron, it is one of the tallest buildings in Tribeca. The top Penthouse here is 7,779 sq ft interior and These residences feature floor-to-ceiling windows, spacious terraces, and bespoke interiors.

35 Hudson Yards

Offering luxury at new heights, the penthouses at 35 Hudson Yards boast stunning views of the Hudson River and Manhattan skyline. These homes include lavish finishes, expansive living spaces, and access to premium amenities. One of the Penthouses here was featured on Succession. The Hudson Yards complex itself is home to a high-end shopping mall, class-A office buildings and the Culture Shed. 35 Hudson Yards features the Flagship Equinox Hotel and Equinox fitness center on the lower floors.

277 Fifth Avenue

Located in the heart of NoMad, the four penthouses at 277 Fifth Avenue offer sleek modern design and panoramic, skyline views of the city. The top two penthouses are 4,250 sq ft with 780 sq ft loggias. Designed by Rafael Vynoly and being sold by Douglas Elliman, these residences feature spacious layouts, luxurious finishes, and access to world-class amenities.

Of course, the best penthouses are not all located in Manhattan (although most are). Boasting amazing views of Manhattan, across the East River, the best penthouses can be found in buildings Olympia Dumbo, Brooklyn Tower or Brooklyn Point.

Property Management for NYC Penthouses

Owning a luxury penthouse in New York City comes with unique responsibilities, and professional property management is essential to protect your investment and ensure a seamless living experience. Many owners of NYC penthouses rely on specialized property management companies to handle everything from routine maintenance and repairs to rent collection and tenant relations.

These services are tailored to the needs of high-end properties, offering concierge assistance, cleaning, and 24/7 support to address any issues that may arise. For those who rent out their penthouses, property management companies can also oversee the leasing process, ensuring that the property is marketed effectively and that tenants are thoroughly vetted.

By entrusting your penthouse to a reputable property management firm, you can enjoy the benefits of ownership without the day-to-day hassles. Whether you are living in your penthouse full-time or using it as an investment property, professional management ensures that your luxury residence remains in pristine condition and continues to deliver exceptional value.

Financing Options for Penthouse Buyers

Securing financing for a penthouse in NYC requires careful planning and expert guidance, given the unique nature of these luxury properties. Fortunately, there are a variety of financing options available to buyers interested in penthouses, including jumbo mortgages, private loans, and international financing solutions tailored to high-value real estate transactions.

Many lenders offer specialized programs for luxury properties, providing competitive rates and flexible terms to qualified buyers. In some cases, developers or sellers may also offer financing incentives or discounts to facilitate the purchase. Working with an experienced mortgage broker or financial advisor is crucial to navigating the complexities of penthouse financing and identifying the best options for your individual needs.

By exploring all available financing avenues, buyers can position themselves to successfully acquire a penthouse in NYC and enjoy the prestige, comfort, and investment potential that comes with owning one of the city’s most exclusive properties.

How to Buy a New York Penthouse

Top real estate brokers, the gatekeepers of these ultra luxury properties, are required to screen buyers of penthouse apartments as a security precaution. Be prepared to show Proof of Funds if you want to visit any of these Top penthouses. These sellers don’t want just anyone roaming their multi million dollar apartments! Be prepared to Show Them the Money if you want to get in to see one of these. Therefore, don’t expect to be able to show up to an open house, there aren’t any for these types of apartments.

Buyers can also benefit from exclusive services such as personalized concierge assistance and expert real estate guidance throughout the purchasing process.

enced mortgage broker or financial advisor is crucial to navigating the complexities of penthouse financing and identifying the best options for your individual needs.

By exploring all available financing avenues, buyers can position themselves to successfully acquire a penthouse in NYC and enjoy the prestige, comfort, and investment potential that comes with owning one of the city’s most exclusive properties.