{"id":26884,"date":"2025-02-06T00:00:00","date_gmt":"2025-02-06T00:00:00","guid":{"rendered":"https:\/\/columbusintl.com\/manhattans-most-elevated-fifth-avenue-residence-commands-full-11-5m-asking-price\/"},"modified":"2025-09-12T21:21:37","modified_gmt":"2025-09-12T21:21:37","slug":"manhattans-most-elevated-fifth-avenue-residence-commands-full-11-5m-asking-price","status":"publish","type":"post","link":"https:\/\/columbusintl.com\/en\/manhattans-most-elevated-fifth-avenue-residence-commands-full-11-5m-asking-price\/","title":{"rendered":"Manhattan&#8217;s Most Elevated Fifth Avenue Residence Commands Full $11.5M Asking Price"},"content":{"rendered":"<p class=\"whitespace-pre-wrap break-words\">In a testament to <strong>New York&#8217;s resilient luxury real estate market<\/strong>, the highest residential perch on <strong>Manhattan&#8217;s iconic Fifth Avenue<\/strong> has secured a buyer at its full asking price of $11.5 million. This swift sale, occurring just months after the property&#8217;s market debut, signals <strong>continued robust demand for ultra-luxury properties in prime Manhattan locations<\/strong>.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">Positioned at a staggering 880 feet above Midtown Manhattan, Penthouse 80 at 520 Fifth Avenue stands as a monument to architectural ambition and luxury living. The building itself, rising 1,002 feet, claims the title of Fifth Avenue&#8217;s tallest residential tower, marking a new milestone in the storied avenue&#8217;s evolution.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">The 2,562-square-foot full-floor residence, crafted by celebrity-favored design firm Charles &#038; Co. (whose portfolio includes projects for George and Amal Clooney), exemplifies the pinnacle of urban luxury. The penthouse&#8217;s design capitalizes on its unprecedented elevation with nearly 13-foot ceilings and sophisticated arched windows that frame panoramic views of Manhattan&#8217;s architectural landmarks, from the Empire State Building to Central Park.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">&#8220;The exceptional sales velocity at 520 Fifth Avenue, with 90% of units now sold, underscores the enduring appeal of premium Midtown properties,&#8221; notes Donna Puzio, senior sales director at Corcoran Sunshine Marketing Group. The remaining inventory includes just two penthouses and select residences, suggesting a rapidly closing window of opportunity for potential buyers.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">The penthouse&#8217;s interior appointments reflect its market positioning, featuring a chef&#8217;s kitchen adorned with honed Taj Mahal quartzite countertops and custom walnut cabinetry. The primary suite, boasting three exposures and a marble-clad bath, epitomizes modern luxury living.<\/p>\n<p>Source: <a href=\"https:\/\/nypost.com\/2025\/02\/05\/real-estate\/fifth-avenues-highest-perched-home-has-entered-contract\/?utm_campaign=iphone_nyp&#038;utm_source=mail_app\">New York Post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a testament to New York&#8217;s resilient luxury real estate market, the highest residential perch on Manhattan&#8217;s iconic Fifth Avenue has secured a buyer at its full asking price of $11.5 million. This swift sale, occurring just months after the property&#8217;s market debut, signals continued robust demand for ultra-luxury properties in prime Manhattan locations. 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