Best Manhattan, New York Penthouses
Posted by Wei Min Tan on December 12, 2023
Owning a condo penthouse in Manhattan is a global status symbol. Penthouses are the best apartment(s) in a building. It can be on the top floor of a super luxury tower like 432 Park Avenue or the biggest apartment in a low density Soho or Tribeca building with 10 floors.
A penthouse is usually the largest apartment in the building, has the highest ceilings and most dramatic views. While we like to think there is only one penthouse per building, in reality there are usually multiple penthouses, referring to all the highest floor and largest apartments within a building. In some buildings the top 2 floors are all penthouses with the PH address. In others, perhaps the top 5 floors have the PH address.
Read about Wei Min’s style in Best Manhattan property agents and Role of a buyer’s broker.
The process of selecting a penthouse
The best penthouse apartment on the market? It depends. In representing global investor clients looking for a Manhattan penthouse for diversification, we will analyze many factors including:
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- Appreciation potential
- Location
- Scarcity of the product
- Architect
- Views
What We Do
We focus on global investors buying Manhattan condos for portfolio diversification and long term return-on-investment.
1) Identify the right buy based on objectives
2) Manage the buy process
3) Rent out the property
4) Manage tenants
5) Market the property at the eventual sale