A Harlem condo overlooking Central Park has just hit the market for an eyebrow-raising $11.9 million — a record asking price for the neighborhood.
The apartment, at 111 Central Park North, comes with 360-degree views of the park and formerly served as home base for ex-Yankee Ichiro Suzuki, who rented there when he was a Yankee.
The listing comes on the heels of a $9.45 million penthouse sale at Circa Central Park that set a new uptown condo record. The sale, at the northwest corner of Central Park, was first reported by the Wall Street Journal. That 3,700-square-foot unit came with 1,200 square feet of outdoor space. Listed by Corcoran’s Steve Gold, it was first asking $9.8 million.
The 111 Central Park North listing is a full-floor, 5,400-square-foot unit on the 17th floor that comes with six bedrooms and 5½ bathrooms.
Harlem is a great deal when it comes to trophy properties, says developer Rodney Propp, who owns the unit.
“There’s a slowdown in the luxury market, but prices aren’t coming down enough, so people are turning to Harlem — which is $2,500 a square foot instead of $7,000 a square foot for trophy properties. That’s more than half off,” Propp says.
In addition, he says, today, “nobody wants the old, dark co-ops of Park Avenue, in buildings that come without amenities. It’s a different world.”
The 111 Central Park North spread comes with a private elevator landing that opens to a central gallery and a lavish entertaining area with a large chef’s kitchen and three balconies. There’s also an extravagant, corner master suite with his and her dressing rooms, walk-in closets and spa-like bathrooms.
Building amenities include a doorman, concierge, cold storage, a gym, a party room and a landscaped common terrace.
The listing broker is Third Coast Development Corporation’s Lorna Dutan.
If $11.9 million is too pricey, there’s a Harlem penthouse asking $8.97 million — that held the title for the area’s priciest condo for a New York minute, until the 111 Central Park North listing came along. That apartment, at 1845 Adam Clayton Powell Jr. Blvd., is 5,800 square feet and comes with five to six bedrooms and more than 4,000 square feet of outdoor space.