Iconic New York Real Estate Gem On Sale For ₹211 Crore: Golden Dome-Topped 5,777-Square-Feet Penthouse Hits Market

(MENAFN- Live Mint) A stunning penthouse beneath a golden dome in New York City's Sohmer Piano Building is now selling for $25 million ( ₹211 crore). The five-bedroom, five-bathroom property crowns the 13-story Beaux-Arts building at 170 Fifth Avenue. It was built in 1898, four years before its famous neighbour, the Flatiron Building.

The building, originally home to the Sohmer Piano Company, was significant in bringing baby grand pianos to market in the 1880s. Its iconic dome, which offers 360-degree city views, has made it a recognisable feature in photographs featuring the Flatiron.

Listed by Sotheby's, the penthouse spans 5,777 square feet and includes an open kitchen with skylights, marble bathrooms, a private roof deck and a grand spiral staircase.

The cupola, a two-story octagonal space within the dome, is designed as a sitting area with a bar cart.

Since its conversion to a condominium in 2001, the property's only owner, philanthropist Gregory C. Carr, bought it for $7.5 million ( ₹63 crore per today's exchange rate) and renovated it extensively. Carr plans to use proceeds from the sale to fund schools and preschools in Mozambique.

Sotheby's agent, Lawrence Treglia, described the penthouse as a“true old New York piece of property.”

“The cupola is iconic. Whenever you see the Flatiron building (in photographs), it's always shown on the right-hand side. There's nothing of this kind in that price bracket,” Treglia told CNN.

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According to Treglia, the primary suite's design and layout evoke the grandeur of the Plaza Hotel.

New York's architectural legacy

Although less famous than its Flatiron neighbour, the building itself is slim, measuring just 29 feet wide and 120 feet long. Designed by architect Robert Maynicke, it once housed various businesses before being transformed into luxury residences.

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