The historic Flatiron Building in New York City has achieved a significant milestone in its transition to a luxury residential property. A full-floor apartment within the structure has secured a buyer for an impressive $30.5 million.

Record-Breaking Residential Sale in Iconic Landmark

This transaction marks the highest-priced home to officially enter contract since the building began its condominium conversion. Although public marketing for the residences started earlier this year, off-market deals commenced several months prior, in the fall.

Details of the Seventh-Floor Residence

The unit in question is situated on the seventh floor and spans over 7,600 square feet. The developer plans to combine two separate units to create this expansive living space.

A key feature of the residence is its vast great room, which measures more than 1,600 square feet. This area offers desirable views overlooking Madison Square Park.

The Flatiron Building's New Era

A consortium of developers acquired the globally recognized, frequently photographed landmark in 2023. This conversion represents the first time the building will house private residences.

Upon completion, the Flatiron Building will feature 38 exclusive condominiums. Residents will benefit from a suite of high-end amenities.

Luxury Offerings for New Residents

The planned amenities package is designed to cater to a luxury clientele. These features include a 60-foot lap pool and a fully equipped gym.

Additionally, residents will have access to a jewel-tone billiards room and the service of a round-the-clock doorman.