What does $110 million get you? A penthouse in NYC's Woolworth Building

The Woolworth Building in New York City will be home to a penthouse suite that is on the market for...

The Woolworth Building in New York City will be home to a penthouse suite that is on the market for $110 million. (MARIE-JOELLE PARENT/QMI AGENCY)

QMI Agency

, Last Updated: 1:54 PM ET

The penthouse suite in the iconic Woolworth skyscraper in Manhattan could be yours for just $110 million.

That's the highest-ever asking price for a condo in downtown Manhattan, Bloomberg reports.

"The price is more reflective of the unique historical nature of the property," Jonathan Miller of the appraiser Miller Samuel Inc. told Bloomberg. "We've seen rapid absorption downtown, but this project is unlike anything that's come online."

The Woolworth Building was built between 1911 and 1913 and was the tallest building in the world until 1930, nyc-architecture.com says.


The Woolworth Building in New York City will be home to a penthouse suite that is on the market for $110 million. (MARIE-JOELLE PARENT/QMI AGENCY)

Click here for a look inside NYC's Woolworth Building

The Gothic-style building includes limestone and granite lower floors and the exterior is clad in cream-coloured terra cotta with blue and yellow glazed accents. Frank Woolworth, who owned five-and-dime stores, paid for the project in cash.

The 9,975-square-foot, four-bedroom penthouse includes a 584-square-foot terrace and spans nine floors.

Renovations to turn the building into condominiums started in November. It will be completed early next year.


Videos

Photos