A $25 million Manhattan penthouse crowned by one of New York City’s most recognizable golden domes has finally sold. The final price was $9 million. That number becomes much more dramatic when compared with where the property started. The penthouse at 170 Fifth Avenue in the historic Sohmer Piano Building first hit the market in November 2024 for $25 million. After failing to find a buyer, the asking price eventually fell to $14.9 million before owner Greg Carr turned to…
MarketNational
A $25 Million NYC Penthouse Just Sold for $9 Million. What Happened?
A gilded-domed Manhattan penthouse once asking $25 million sold at auction for $9 million, illustrating the gap between an asking price and the market.
