New York Penthouse With Bonus Apartments and Parking Asks $48 Million

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Wait, there’s more: For $48 million, you get not only a sprawling downtown Manhattan penthouse, but two staff apartments and two parking spaces in the building’s garage.

The roughly 7,100-square-foot duplex penthouse under construction sits on the top two floors of Madison Square Park Tower, a glassy condominium on 22nd Street. The two studios, which can be used for staff or guests, are located on a lower floor and each measure about 600 square feet, said Ian Bruce Eichner, founder of the Continuum Company, the building’s developer. The two parking spaces are among 16 in the building and normally sell for about $500,000 each.

The penthouse, on the 64th and 65th floors of the building, will have a double-height living room and views of the Empire State Building, said Fredrik Eklund of Douglas Elliman Real Estate, who is handling sales in the building with colleague John Gomes. While it will likely end up with about five bedrooms and five baths, it is being marketed as a “white box,” with the expectation that the buyer will create their own layout, Mr. Eklund said.

Overlooking Madison Square Park, the 83-unit building started sales in 2014, and is roughly 75% sold, Mr. Eichner said. He said construction is mostly completed and closings should begin in the next few weeks.

Another penthouse measuring about 6,000 square feet was listed for $38 million in early 2016 but it was taken off the market while it is being completed, Mr. Eichner said. A unit on the 62nd floor listed at $24.95 million is in contract, Mr. Eklund said.

Building amenities include a half basketball court, a yoga studio, a gym, and a golf simulator room. There is also an outdoor entertaining terrace, a poker room and a billiards room.

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