Walker Tower terrace

Rendering: walker-tower.com

A full-floor penthouse at Chelsea’s Walker Tower has gone into contract for more than $50 million, setting a new record for downtown Manhattan condo sales, The New York Times reported.

Penthouse One, which has five bedrooms and clocks in at 5,995 square feet, came on the market in September with a $55 million price tag. The unit sold for “slightly less than ask,” listing agent Vickey Barron of Douglas Elliman told the Times.

The Art Deco building at 212 West 18th Street was originally designed by Ralph Walker and converted by JDS Development Group and Property Markets Group. If the deal goes through, the transaction will top 18 Gramercy Park’s $42 million apartment (sold to Houston Rockets basketball team owner Leslie Alexander) and 56 Leonard’s $47 million penthouse (still in contract).

The record-breaking penthouse has French herringbone oak floors, 13-foot coffered ceilings, three terraces, three wood-burning fireplaces and radiant heating.

Penthouse One had several wealthy suitors, including a Londoner and two people who had already purchased other units in the building. “They’re going to be surprised,” Barron told the Times. “It’s one thing when I said to them, ‘You need to act now.’ It’s another when it’s gone.”

Penthouse One Walker Tower copy

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