Rupert Murdoch's penthouse finds a buyer after deep price reductions + See NYC's highest penthouses on the market now

By CityRealty Staff | From Great Listings Monday, October 14, 2024

Nearly two and a half years after initially listing it, Rupert Murdoch's triplex penthouse at One Madison in the Flatiron District has entered contract with a $28.5 million asking price, or $33.5 million below the initial listing price of $62 million. It was listed in March 2022 along with a full-floor three-bedroom in the building Mr. Murdoch lived in while the penthouse was being constructed to his specifications.

The result is an expansive triplex connected by both a private internal elevator and a grand circular staircase, and with 360-degree vistas of the iconic Manhattan skyline and both the East and Hudson Rivers through floor-to-ceiling windows. A double-height Great Room at the heart of the home offers access to a 586-square-foot private terrace. Just off the formal dining room, a gourmet eat-in kitchen with a large center island, endless cabinet and counter space, and top-of-the-line appliances allows for effortless entertaining. A library and beautifully powder room complete this level.

The bedrooms are located on separate floors from the living space to allow for optimal privacy. These include a top-floor primary suite with a windowed dressing room and a marble en suite bath with a rain shower and a free-standing soaking tub. All secondary bedrooms offer en suite baths, and there is also a second-floor staff room with en suite bath.

While the three-bedroom sold fairly quickly, the penthouse lingered on the market at gradually lower price points and dipped on and off the rental market. Even if the penthouse closes at this price, Mr. Murdoch will still take a loss, having bought it from the developer for $43.01 million in 2014.

As the founder of Fox News, Mr. Murdoch is an extremely polarizing figure, so much so that appraiser Jonathan Miller cited this as a potential factor in a beautifully appointed, centrally located penthouse in an amenity-rich building lingering on the market for as long as it did.

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Other competing developments nearby include the Flatiron Building, which is about to be converted to condos; the nearby Madison Square Park Tower outstrips the 642-foot-high One Madison by 177 feet; and new developments like Flatiron House have risen to steal some of the 2011-built building's thunder.

Finally, while the penthouse might have been the height of sophistication when Mr. Murdoch customized it in 2015, penthouses all over the city with higher ceilings, larger floor plates, and ever-more bells and whistles have come on the market since then. And in some taller buildings, units situated below penthouse level but higher than Mr. Murdoch's penthouse enjoy more impressive views.

NYC's 20 highest penthouses on the market now

#20: 180 East 88th Street
Building Height: 31 stories | 524 feet
PH44 -PH46 Height: 403 feet

180 East 88th Street, #PH44PH46
$27,800,000

Carnegie Hill | Condominium | 6+ Bedrooms, 6+ Baths | 8,034 ft²

180 East 88th Street, #PH44PH46 (Corcoran Sunshine Marketing Group)

From the Listing: This listing is for the sale of two individual homes, PH44 and PH46.Penthouse 44 and Penthouse 46 capture cinematic views from a 403' elevation. These full floor homes are the only two remaining offerings for this 4,017 sqft., four bedroom, four ensuite baths and powder room. Oversized windows encapsulate the iconic scenery spanning from Central Park and beyond the midtown skyline to the East River and beyond the mountains of New Jersey. See floor plan and full details here.

#19: 77 Greenwich Street
Building Height: 38 stories | 523 feet
#PH Approx Height: 490 feet

77 Greenwich Street, #PH
$9,750,000

Financial District | Condominium | 4 Bedrooms, 5.5 Baths | 3,531 ft²

77 Greenwich Street, #PH (Reuveni LLC)

From the Listing: Introducing the PENTHOUSE at 77 Greenwich St. Masterfully designed by AD100 Hall of Fame TenBerke with additional customization plans completed and available. The first penthouse in New York to be staged by ARTEFACTO, with a turn key furniture package available for purchase.Introducing The Penthouse at 77 Greenwich, the crown jewel of the ‘Cloud Club Residences’, which redefines luxury living. See floor plan and full details here.

#18: 50 United Nations Plaza
Building Height: 44 stories | 548 feet
#DPH42 Approx Height: 500 feet

50 United Nations Plaza, #DPH42
$39,950,000

Turtle Bay/United Nations | Condominium | 5 Bedrooms, 6+ Baths | 9,704 ft²

50 United Nations Plaza, #DPH42 (Zeckendorf Marketing LLC)

From the Listing: Welcome to Penthouse 42, the crown jewel of 50 United Nations Plaza. This nearly 10,000 SF penthouse home fully encompasses the top two floors of the building, providing breathtaking views, privacy, and prestige at 50 United Nations Plaza, the ultimate global address. Designed by Pritzker Prize-winning architects Foster + Partners and delivered by New York's legendary Zeckendorf Development and Global Holdings, this one-of-a-kind Duplex Penthouse combines nearly 10,000 square feet of interior living space with two extraordinary outdoor spaces; one a large terrace ideally situated off the main living area, the other a more than 30-foot outdoor swimming pool and pool deck. See floor plan and full details here.

#17: W Residences
Building Height: 55 stories | 660 feet
#PH50H Approx Height: 580 feet

W Residences, #PH50H
$899,000

Financial District | Condominium | 1 Bedroom, 1 Bath | 606 ft²

W Residences, #PH50H (Serhant LLC)

From the Listing: Welcome to residence 50H! A one-bedroom offering south exposures and breathtaking views of the Hudson River, downtown Manhattan, and the Statue of Liberty from every room. The apartment boasts a modern open kitchen with sleek white lacquer cabinetry and Miele and Sub-Zero appliances. The bedroom features floor-to-ceiling windows with city views. The en-suite bath features Italian designed textured tiles, Corian vanity, and a heated towel rack. See floor plan and full details here.

#16: The Beekman Residences
Building Height: 51 stories | 687 feet
PH51 Approx. Height: 600 feet

The Beekman Residences, #PH51
$10,995,000

Financial District | Condominium | 3 Bedrooms, 3.5 Baths | 3,554 ft²

The Beekman Residences, #PH51 (Douglas Elliman Real Estate)

From the Listing: Welcome home to Penthouse 51, your new oasis soaring high across the sky! This is a luxurious top floor penthouse at The Beekman Residences, connected to the iconic and cleverly stylish Beekman Hotel, and is located on the edge of the Financial District, and a stone's throw away from Tribeca! The Penthouse boasts almost 17 foot ceilings and floor-to-ceiling glass windows in the 50' long by 20' wide great room.In this room, you'll find breathtaking panoramic downtown cityscape views, and both Hudson and East River views, as well as the New York City skyline. PH 51 is an entire full floor penthouse, assuring residents the utmost of privacy. See floor plan and full details here.

#15: 200 Amsterdam Avenue
Building Height: 55 stories | 668 feet
#PH2 Approx Height: 630 feet

200 Amsterdam, #PH2
$34,995,000

Lincoln Center | Condominium | 4 Bedrooms, 4.5 Baths | 6,347 ft²

200 Amsterdam, #PH2 (Serhant LLC)

From the Listing: The Penultimate Penthouse.Welcome to this extraordinary, terraced penthouse with show-stopping 360-degree direct views of Central Park and the Hudson River, featuring 4+ bedrooms, 4-full bathrooms, and 2-powder rooms. This gracious penthouse spans across the entire 49th and 50th floors of 200 Amsterdam, a neighborhood-defining residential icon crafted for the most discerning lifestyles at the nexus of Lincoln Center and Central Park. See floor plan and full details here.

#14: 277 Fifth Avenue
Building Height: 55 stories | 673 feet
#Penthouse54 Approx Height: 640 feet

277 Fifth Avenue, #Penthouse54
$20,000,000

Flatiron/Union Square | Condominium | 4 Bedrooms, 5 Baths | 4,520 ft²

277 Fifth Avenue, #Penthouse54 (Sothebys International Realty)

From the Listing: Panoramic Manhattan skyline views from four exposures coupled with floor-to-ceiling windows, colossal Great Room, soaring ceilings, expansive Loggias and superior finishes make this dramatic NoMad Trophy Penthouse the Best in Class. From One World Trade to the waterways of the Hudson and East Rivers, from Madison Square Park to Central Park, from the bridges of the East River, to world-famous New York City landmark buildings including the Chrysler Building, the New York Life Building, the Flatiron Building, the Woolworth Building and the most astonishing view of the Empire State Building, there is no better viewpoint to see the Manhattan skyline come to life from sunrise to sunset than in the award-winning 277 Fifth Avenue, Penthouse54. See floor plan and full details here.

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#13: 130 William
Building Height: 61 stories | 755 feet
#PH63 Approx Height: 700 feet

130 William, #PH63
$7,950,000

Financial District | Condominium | 3 Bedrooms, 3.5 Baths

130 William, #PH63 (Douglas Elliman Real Estate)

From the Listing: Introducing Penthouse 63: a 3-bedroom, 3.5-bath residence designed for the discerning buyer. This impeccably crafted penthouse boasts some of the most magnificent downtown views available. Stepping into the space, one is greeted by arched windows, expansive living and dining areas, and a stunning bronze-detailed loggia. The sweeping views encompass the East River, Hudson River, Freedom Tower, and beyond, creating a mesmerizing panorama. This residence includes a spectacular approximately 700-square-foot loggia terrace that adjoins the great room and two additional bedrooms, including the primary suite and primary bathroom. See floor plan and full details here.

#12: Skyline Tower
Building Height: 67 stories | 778 feet
#PH409 Approx Height: 730 feet

Skyline Tower, #PH409
$3,040,055

Long Island City | Condominium | 2 Bedrooms, 2 Baths | 965 ft²

Skyline Tower, #PH409 (Modern Spaces)

From the Listing: Welcome to Skyline Tower, the tallest condominium building in Queens. Rising 67 stories, this gleaming glass tower offers a one of a kind, 360-degree panoramic view of New York City. The high ceiling Penthouse direct west facing two bedroom is an impressive residence with a jaw-dropping view of the Manhattan skyline.It features distinctive European white oak engineered wood flooring throughout and a side by side bedroom layout; the spacious master bedroom has a walk-in closet. See floor plan and full details here.

#11: One Beacon Court
Building Height: 55 stories | 801 feet
#PH54W Approx Height: 730 feet

One Beacon Court, #PH54W
$16,999,900

Midtown East | Condominium | 3 Bedrooms, 4.5 Baths | 4,494 ft²

One Beacon Court, #PH54W (Serhant LLC)

From the Listing: Breathtaking Views at One of the Most Impressive Penthouses on the Doorstep of Billionaires' Row, with Central Park, MoMA, Rockefeller Center, and Fifth Avenue just moments away. A Private Sauna, a Jetted Plunge Pool, 11-foot Ceilings, floor-to-ceiling windows, and Gallery-Style Walls Highlight this Remarkable Designer Residence. Enjoy endless sunrise-to-sunset vistas encompassing Central Park, the Hudson River, 1 World Trade Center, the Empire State Building, the East River, the Chrysler Building, the George Washington Bridge, and the Long Island City Pepsi-Cola sign. Majestic views meet contemporary opulence in this stunning 3-bedroom, 4.5-bathroom penthouse spanning 4,494 square feet in Sutton Place. See floor plan and full details here.

#10: 111 Murray Street
Building Height: 60 stories | 788 feet
#PH2 Approx Height: 740 feet

111 Murray Street, #PH2
$39,500,000

Tribeca | Condominium | 5 Bedrooms, 6+ Baths | 7,488 ft²

111 Murray Street, #PH2 (Douglas Elliman Real Estate)

From the Listing: Perched atop Tribeca's coveted 111 Murray Street, Penthouse Two defines the pinnacle of luxury living. Situated within one of downtown's most prestigious full-service developments, this residence offers an unparalleled living experience. Homes of this scale on a single level are exceedingly rare. Penthouse Two spans an impressive 7,488 square feet of interior space and 222 square feet of outdoor terraces, featuring five bedrooms, six-and-a-half bathrooms, and exquisitely proportioned living and entertaining areas. Encased in floor-to-ceiling glass, the home offers mesmerizing, cinematic views of the Manhattan skyline, Hudson River, New York Harbor, and beyond. See floor plan and full details here.

#9: Madison House
Building Height: 56 stories | 801 feet
#PH60A Approx Height: 750 feet

Madison House, #PH60A
$25,000,000

Murray Hill | Condominium | 5 Bedrooms, 5.5 Baths | 5,151 ft²

Madison House, #PH60A (Douglas Elliman Real Estate)

From the Listing: Penthouse 60A, the last remaining Penthouse and duplex available at Madison House, encompasses 5,151 square feet, four-bedrooms with den and five and a half-baths, which opens into an elegant entry foyer, leading to great room with a fireplace and 23-foot double height ceilings. The gracious 222 square foot terrace encompasses views of iconic Midtown skyscrapers. See floor plan and full details here.

#8: 56 Leonard
Building Height: 57 stories | 821 feet
#PH52A Approx Height: 750 feet

56 Leonard Street, #PH52A
$19,995,000

Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 3,658 ft²

56 Leonard Street, #PH52A (Compass)

From the Listing: This meticulously and recently renovated residence offers a rare opportunity to own a truly exceptional penthouse in the heart of Tribeca. Encompassing 3,658 interior square feet and an additional 501 square feet of exterior space, this four-bedroom, four-and-a-half-bathroom apartment showcases the highest standards of design and craftsmanship, and jaw-dropping views, making it a jewel among the New York City skyline. See floor plan and full details here.

56 Leonard Street, #PH56
$123,000

Tribeca | Condominium | 6+ Bedrooms, 4.5 Baths | 6,000 ft²

56 Leonard Street, #PH56 (Douglas Elliman Real Estate)

From the Listing: Double sized Living/Great Room, the largest on the market. Extremely rare and unmatched Luxury Full Floor Penthouse on the 56th Floor with soaring 14 foot ceilings, two outdoor terraces and a burning fireplace. PH56 has one of the largest living rooms in Manhattan, which features unobstructed views of the entire city and bridges. See floor plan and full details here.

#7: Trump World Tower
Building Height: 72 stories | 861 feet
#PH88B Approx Height: 830 feet

Trump World Tower, #PH88B
$16,500,000

Turtle Bay/United Nations | Condominium | 4 Bedrooms, 3.5 Baths | 5,380 ft²

Trump World Tower, #PH88B (Corcoran Group)

From the Listing: Spectacular designer renovated 4 bedroom PH residence spanning 5,380SF at 845 UN Plaza with the most incredible Manhattan skyline views. Upon entering, you will be amazed by the 79' ft of frontage with dramatic 16' ceilings, fireplace, and an open expansive living, entertaining and dining area, surrounded by a wall of 14' ft tall windows and triple exposures unveiling breathtaking views of the most iconic Manhattan landmarks like the Chrysler and Empire State buildings, East River, George Washington bridge, Central Park, Downtown, Freedom tower and the ocean. See floor plan and full details here.

#6: Fifteen Hudson Yards
Building Height: 70 stories | 914 feet
#PH88C Approx Height: 850 feet

Fifteen Hudson Yards, #PH88C
$21,950,000

Midtown West | Condominium | 4 Bedrooms, 6+ Baths | 5,139 ft²

Fifteen Hudson Yards, #PH88C (Corcoran Sunshine Marketing Group)

From the Listing: With panoramic views of the Hudson River to the West and picture book views of the iconic George Washington Bridge to the North, Penthouse 88C at 15 Hudson Yards offers a dazzling sense of tranquility with ever-changing light and delight at every sunrise and sunset. Its centerpiece is a double-height living room with ceilings 26 feet high with a beautiful double-sided fireplace. See floor plan and full details here.

#5: Four Seasons Private Residences
Building Height: 82 stories | 926 feet
#PH81 Approx Height: 850 feet

The Four Seasons Private Residences, #PH81
$45,000,000

Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 5,443 ft²

The Four Seasons Private Residences, #PH81 (Corcoran Group)

From the Listing: Designed by Robert A.M. Stern, PH81 is a unique, single floor layout in the most prestigious building in lower Manhattan; a home that represents the pinnacle of urban living with sweeping exposures in all directions.A private full-floor penthouse with symmetrically flanking sunrise and sunset terraces, PH81 boasts dramatic 360-degree views of the Manhattan skyline, New York Harbor, Hudson and East Rivers, and beyond. See floor plan and full details here.

#4: 520 Fifth Avenue
Building Height: 88 stories | 1,001 feet
#PH77 Approx Height: 880 feet

520 Fifth Avenue, #PH77
$9,950,000

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,619 ft²

520 Fifth Avenue, #PH77 (Corcoran Sunshine Marketing Group)

From the Listing: Penthouse 77 at 520 Fifth Avenue is a stunning full-floor residence featuring panoramic views of the entire New York City skyline, including the Empire State Building, from river to river in every direction. Offering three bedrooms, three bathrooms, and a powder room stretching over an expansive 2,619 SF of interior space, this special residence, designed by Charles & Co, showcases a palette of crafted interior finishes along with approximately 10.5' ceilings, 7" wide plank white oak flooring, and a four-pipe HVAC system for year-round heating and cooling. See floor plan and full details here.

#3: 111 West 57th Street
Building Height: 84 stories | 1,428 feet
#PH76 Approx Height: 1,200 feet

111 West 57th Street, #PH76
$49,000,000

Midtown West | Condominium | 4 Bedrooms, 5 Baths | 6,512 ft²

111 West 57th Street, #PH76 (Sothebys International Realty)

From the Listing: Designed by the award-winning Studio Sofield, recognized for their impeccable quality of craftsmanship, this spectacular Duplex Penthouse offers 6,512 interior sq.ft and 309 exterior sq.ft of opulent living. It features 4 bedrooms, 4.5 bathrooms with interior design and furnishings by the acclaimed Banda of London. See floor plan and full details here.

#2: 432 Park Avenue
Building Height: 96 stories | 1,396 feet
#PENTHOUSE Approx Height: 1,300 feet

432 Park Avenue, #PENTHOUSE
$105,000,000

Midtown East | Condominium | 6+ Bedrooms, 6+ Baths | 8,255 ft²

432 Park Avenue, #PENTHOUSE (Douglas Elliman Real Estate)

From the Listing: Introducing Penthouse 96, the pinnacle of New York City luxury living atop the critically acclaimed 432 Park Avenue. Boasting an approximate 8,255 square feet of meticulous design, the Penthouse occupies the entire 96th floor of the building offering an unparalleled level of sophistication and exclusivity. The residence presents a rare opportunity for discerning buyers seeking a pristine, never-been-lived in home. See floor plan and full details here.

#1: Central Park Tower
Building Height: 131 stories | 1,550 feet
#127/128 Approx Height: 1,386 feet

Central Park Tower, #127128
$150,000,000

Midtown West | Condominium | 6+ Bedrooms, 6+ Baths | 11,535 ft²

Central Park Tower, #127128 (Christies International Real Estate Group LLC)

From the Listing: Introducing SKY HOUSE 1,386 feet above Manhattan rests one of the most captivating properties ever constructed. Sky House is the highest duplex penthouse at the legendary Central Park Tower, the tallest residential building and most prestigious address in the World. Now offered for sale, this is a once in a lifetime opportunity to own a truly irreplicable mansion in the clouds.Stretching across the entire 127th and 128th floors of New Yorks consummate modern marvel, Sky House is a celebration of majestic scale, outstanding craftsmanship, and exquisite appointment set before the backdrop of stratospheric views that stretch from the shores of the Atlantic to the far hills of New Jersey, and from the Statue of Liberty to New England. This results in the creation of a truly celestial and breathtaking setting for future residents and their guests. See floor plan and full details here.

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In this article:

NYC's 20 highest penthouses on the market now

#20: 180 East 88th Street Building Height: 31 stories | 524 feet PH44 -PH46 Height: 403 feet

#19: 77 Greenwich Street Building Height: 38 stories | 523 feet #PH Approx Height: 490 feet

#18: 50 United Nations Plaza Building Height: 44 stories | 548 feet #DPH42 Approx Height: 500 feet

#17: W Residences Building Height: 55 stories | 660 feet #PH50H Approx Height: 580 feet

#16: The Beekman Residences Building Height: 51 stories | 687 feet PH51 Approx. Height: 600 feet

#15: 200 Amsterdam Avenue Building Height: 55 stories | 668 feet #PH2 Approx Height: 630 feet

#14: 277 Fifth Avenue Building Height: 55 stories | 673 feet #Penthouse54 Approx Height: 640 feet

Select which properties are of interest to you:

#13: 130 William Building Height: 61 stories | 755 feet #PH63 Approx Height: 700 feet

#12: Skyline Tower Building Height: 67 stories | 778 feet #PH409 Approx Height: 730 feet

#11: One Beacon Court Building Height: 55 stories | 801 feet #PH54W Approx Height: 730 feet

#10: 111 Murray Street Building Height: 60 stories | 788 feet #PH2 Approx Height: 740 feet

#9: Madison House Building Height: 56 stories | 801 feet #PH60A Approx Height: 750 feet

#8: 56 Leonard Building Height: 57 stories | 821 feet #PH52A Approx Height: 750 feet

#7: Trump World Tower Building Height: 72 stories | 861 feet #PH88B Approx Height: 830 feet

#6: Fifteen Hudson Yards Building Height: 70 stories | 914 feet #PH88C Approx Height: 850 feet

#5: Four Seasons Private Residences Building Height: 82 stories | 926 feet #PH81 Approx Height: 850 feet

#4: 520 Fifth Avenue Building Height: 88 stories | 1,001 feet #PH77 Approx Height: 880 feet

#3: 111 West 57th Street Building Height: 84 stories | 1,428 feet #PH76 Approx Height: 1,200 feet

#2: 432 Park Avenue Building Height: 96 stories | 1,396 feet #PENTHOUSE Approx Height: 1,300 feet

#1: Central Park Tower Building Height: 131 stories | 1,550 feet #127/128 Approx Height: 1,386 feet