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Real Estate News: New York City Building for Sale for $50M

A building in New York City is currently being sold for $50 million. According to Elle Décor, the building's penthouse situated on 71-73 Franklin Street is now up for grabs. The space itself is currently being renovated by an architect to become a seven-story mansion that houses 18 toilets, a swimming pool, a basketball court, a rooftop farm, wind turbine and a whole lot more.

According to Curbed, this type of property isn't always available in New York City, and the fact that it's a rare find is what makes it even more expensive. If this type of property is ever available in the Big Apple, residents and prospective homeowners can expect that it won't have a rooftop farm. In short, this property is a catch, and some people are already eyeing it to become their next home.

Meanwhile, prospective buyers should be wary of the different listings especially in New York City. Just recently, a real estate agent tried to hype up the property that he was selling by adding that the price also comes with a Rolls Royce and a free access to the Hamptons.

Another landlord recently put up a property in the Bronx for rent at $35,000 when he was just asked to watch over the castle that was built for Jesus Christ.

With this, everyone should be careful with what they are interested to buy. It is a must to read all pertinent information about specific types of properties. As money is involved, make sure that whatever is in the listing is exactly what you'll get.

Now that you have an idea that such a penthouse in New York is currently available for sale, wait no longer and see if you will be its next rightful owner.


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