Trump Tower, Built for $200 Million in 1983, Has Plenty of Apartments for Sale

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By Douglas A. McIntyre Updated Published
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Trump Tower, Built for $200 Million in 1983, Has Plenty of Apartments for Sale

© Gage Skidmore / Wikimedia Commons

How hard is it to buy an apartment in Trump Tower, the president-elect’s New York City residence and home base of his empire? Built in 1983 for $200 million, many of its apartments have spectacular views of the city and Central Park. It is not hard to get one, for people who can spend over $2 million and brave massive unruly crowds.

According to City Realty, there are 11 apartments for sale in Trump Tower, at price ranges between $2.1 million for a one-bedroom, 1.5-bathroom 1,052 sq. ft. on the 31st floor to one for $11 million. The $11 million buys a two-bedroom, 2.5-bathroom in 2,200 on the 58th floor.

The City Realty description of the building:

The Trump Tower at 721 Fifth Avenue is a glass tower located between 56th and 57th Streets.

Developed by Donald Trump, 721 Fifth Avenue sports a distinctive design that creates many corner windows with breathtaking views. Residential condominiums are located on the highest 38 floors of this 58-story tower and include nine duplex and triplex penthouses on the top nine floors. Many of the Trump Tower apartments have been renovated and feature marble bathrooms, Jacuzzi bathtubs, wood and stone floors, custom kitchen cabinets, state-of-the-art appliances, numerous walk-in closets and washer and dryers. The building’s spacious condos also offer panoramic views of the New York City skyline, Central Park and the rivers.

Amenities include a full-time doorman, valet, a fitness room, maid service and a common storage room.

Such retailers as Bergdorf Goodman and Tiffany’s are nearby, as are well-known restaurants. Central Park and the Plaza Hotel are two blocks away and the area is convenient to most public transportation.

The apartments (notice price reductions):

Residence          Beds          Baths          Size          Price          Price/Ft2          Listed         
+ 1 bd 1.5 ba 1,052 ft2 $2.1M $1,996 Oct 25, 2016
+ 3 bd 3.5 ba 2,714 ft2 $8.5M $3,132 Oct 24, 2016
+ 2 bd 2 ba 1,477 ft2 $4.5M $3,047 Oct 20, 2016
+ 1 bd 1.5 ba $3M Apr 11, 2016
+ 1 bd 1.5 ba $3.4M Apr 11, 2016
+ 1 bd 1.5 ba 1,139 ft2 $3.195M (-8.7%) $2,805 Mar 28, 2016
+ 1 bd 1.5 ba 1,092 ft2 $2.997M (-7.8%) $2,745 Mar 19, 2016
+ 1 bd 1.5 ba 1,092 ft2 $2.997M (-7.8%) $2,745 Mar 19, 2016
+ 2 bd 2.5 ba 2,250 ft2 $11M $4,889 Mar 11, 2016
+ 1 bd 1.5 ba 1,052 ft2 $2.195M (-26.8%) $2,087 Jan 21, 2016
+ 2 bd 2.5 ba 2,184 ft2 $5.995M (-13.1%) $2,745 Aug 19, 201

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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