Madison Avenue tower’s quadruplex penthouse sells for $67.8M

Property: The Bellemont
Developer: Naftali Group
Architect: Robert A.M. Stern Architects
Location: New York City
Units: 11
Cost: Withheld

With construction nearly complete, move-ins have begun at The Bellemont condominium tower on the corner of Madison Avenue and 86th Street in New York City, located one block from Central Park. All of the building’s 11 condos sold within five months of the start of sales in November 2021, with one in particular — a blended purchase of the Penthouse C and D units — among the most expensive condos ever on the Upper East Side at $67.8 million, or $4,000 per square foot.

A white building on a city street lined with skyscrapers.

The Bellemont, designed by Robert A. M. Stern Architects, features a hand-laid limestone exterior.

Permission granted by Naftali Group/DBOX

 

The Bellemont’s exterior, designed by New York City–based Robert A.M. Stern Architects, is inspired by the elegant architectural style of the surrounding area, according to a press release shared with Multifamily Dive. The facade is composed of hand-laid Indiana limestone with tall windows and ironwork details. 

The 13-story building’s form scales back at about the halfway point of its height, forming terraces for the condo units on the upper levels. 

The combined C and D penthouses cover 13,000 square feet across four full floors of the structure. The remaining units include half-floor, full-floor, duplex and penthouse plans with interiors by Rome-based designer Achille Salvagni, best known for his work on ultra-luxury homes and yachts. 

Each one is designed with an emphasis on balance, according to the release, with tall ceilings and full-length windows overlooking Central Park. Some units have private entry foyers, private outdoor spaces and custom limestone fireplaces. 

A room with white walls, a curved staircase, and windows opening onto a clear blue sky.

The living spaces at The Bellemont are designed by Achille Salvagni, best known for ultra-luxury residences and yachts.

Permission granted by Naftali Group/DBOX

 

On-site amenities include a fitness center, a private cinema with a wet bar, a children’s play room, a regulation squash court and a rooftop lounge. The lobby, also designed by Salvagni with a custom chandelier and furnishings, will be attended by a concierge and doorman 24 hours a day.

“We wanted to be chic, understated and timeless,” Salvagni said on the property’s website. “We aimed to deliver the feeling of a classic turn-of-the-century Parisian apartment, the scale and openness to light is ideal.”