It’s not even 25 stories tall, but Manhattan’s Flatiron Building keeps reaching new heights.
A full-floor dwelling spanning the entire 21st floor — and one of the very few inside with signature decorative touches — has entered contract after asking a breathtaking $58.5 million for sale, according to Monday’s Olshan Luxury Report.
To date, it’s the priciest unit inside to find its first-ever homeowner as the famed edifice — whose triangular shape and handsomely carved facade has made it an often-photographed landmark — undergoes a long-awaited condominium conversion.
However, the apartment’s final sale price and the identity of its forthcoming owner are not yet known. A representative for the building did not immediately provide comment on the contract.
Just last week, the Flatiron Building saw a full-floor residence enter contract after asking $30.5 million, which at that point was the most expensive home to find a buyer. This unit stands two levels below the penthouse, whose pricing is not yet available.
For its part, this newly in-contract residence — which had its contract signed on March 31, according to Olshan — runs an impressive 7,441 square feet, according to its StreetEasy listing. Occupancy is slated for autumn for this five-bedroom, 5.5-bathroom spread, which boasts 12 rooms total.
Its floor plan shows a corner primary bedroom suite at 23rd Street and Fifth Avenue that faces north — and in a near view will overlook popular Madison Square Park. Two dressing rooms are on either side of a spa-like bath retreat that also looks out to northern vistas over 23rd Street — while the remaining four bedrooms all hover on the Broadway side of the building.
A triangle-shaped great room stands on the other side of the floor, where Broadway meets Fifth Avenue. Measuring more than 72 feet in length, the floor plan shows it has plenty of space for lounging, as well as a grand piano. With sights over Fifth Avenue, there’s a large kitchen in between a dining room and a breakfast room.
What’s more, the unit additionally has a 33-square-foot terrace, according to Olshan. But it also comes with signature design elements. It’s the sole residence in the Flatiron Building to have massive-scale arched windows. The terrace, on the prow, has Greek columns — and its views will extend up Fifth Avenue to Central Park.
Of course, the Flatiron Building was solely used for commercial purposes since its completion in 1902. this floor was once the office of Harry Black, the son-in-law of George Fuller, who founded the development firm that built the Fuller Building, as it was then known. Rumors say the space was made extra special for him, with those large arched windows and terrace, or that he just took the best place in the building for himself.
Its look was so special that it was the inspiration for J. Jonah Jameson’s office in the “Spider-Man” movies, whose look indeed included wide arched exposures.
Corcoran Sunshine Marketing Group is leading sales and marketing.
The Flatiron Building has come a long way, especially since 2023. At that time, a Maryland man named Jacob Garlick, then 31, won the landmark at a sale with a cool $190 million bid when the building’s owners opted for an auction when they couldn’t decide exactly how to manage the commercial property. However, Garlick failed to pay a $19 million deposit, though he still wanted to keep it.
The building went back up for auction two months later, when some of its former owners bought it back for $161 million. (Garlick was not present at that sale.)
