A Park Avenue condo just sold for $70.5 million, making it the most expensive home sold in NYC in the past year — despite the building being riddled with design flaws that cause flooding and electrical explosions

Amanda GohMay 5, 2022, 13:32 IST

The open-concept dining area is located next to the living room.Courtesy of Douglas Elliman Realty.

The $70.5 million apartment is New York's most expensive home sale since April 2021.
The 8,000-square-foot apartment was previously two separate units.

An apartment at 432 Park Avenue in Manhattan was sold for $70.5 million last month, making it the most expensive residence sold in New York City since April 2021.

The living room.Courtesy of Douglas Elliman Realty

432 Park Ave. building exterior.Courtesy of Douglas Elliman Realty

Skyscrapers that form the Billionaires' Row include Central Park Tower, Steinway Tower, and 432 Park Avenue.Gary Hershorn/Getty Images

The open-concept dining area is located next to the living room.Courtesy of Douglas Elliman Realty.

The apartment comes with almost full-length windows with a clear view of Central Park.Courtesy of Douglas Elliman Realty

One of the bathrooms in the apartment comes fitted with a freestanding bathtub next to a full-height window.Courtesy of Douglas Elliman Realty

The kitchen.Courtesy of Douglas Elliman Realty

The home theater.Courtesy of Douglas Elliman Realty

The building comes with a billiards room.Courtesy of Douglas Elliman Realty

The building comes with a 75-foot indoor swimming pool.Courtesy of Douglas Elliman Realty