Real Estate

Hudson Square duplex sets record rental price at jaw-dropping $125K a month

A duplex at 100 Vandam in downtown Manhattan has set a record for the highest publicized residential lease in New York City — renting for a jaw-dropping $125,000 per month.

The tenant has not been identified, but was represented by Platinum Properties agents Cyrus Eyn and Cash Bernard. Nest Seekers’ Jessica C. Campbell held the listing.

Occupying over 6,500 square feet, the duplex residence takes up the 20th and 21st floors of the 25-story building.

Made up of six bedrooms and seven bathrooms, the home boasts panoramic views of the city skyline, the Hudson River, the New York Harbor, and the Statue of Liberty through its wraparound floor-to-ceiling windows, the previous listing notes.

The home is considered to have one of the largest outdoor spaces in Manhattan, totaling 3,821 square feet surrounded by manicured gardens.

The penthouse takes up the 20th and 21st floors. Douglas Elliman
The home occupies over 6,500 square feet. Douglas Elliman
The outdoor terrace with a kitchen. Evan Joseph
The living area. Evan Joseph

Features of the unit include an open kitchen with signature millwork and blue de savoie stone island countertops.

All bedrooms come with ensuite bathrooms. The double-exposure primary bedroom features an expansive closet, a dressing room and a spa-like ensuite bathroom with heated floors.

Smart-home ready, the residence also features beamed ceilings and pre-war window fenestrations.

Situated in a full-service building, it has a 24-hour concierge, a live-in resident manager and a slew of amenities, which include a second-floor 1,200-square-foot fitness center with yoga and training studios, a children’s playroom, two residents’ lounges, cold storage, private and bicycle storage and a theater-quality screening room.

The kitchen. Evan Joseph
One of seven bathrooms. Evan Joseph
The residence occupies over 6,500 square feet. Evan Joseph

While the monthly price is the highest on record, sources told The Real Deal, that other units downtown have rented for more. Unlike sales, rentals are not publicly recorded in order to verify.

“It’s the highest [rent] I’m aware of,” Jonathan Miller, whose appraisal firm Miller Samuel prepares market reports for Douglas Elliman, told the outlet.

Previously, in 2021, Platinum Properties’ Cash Bernard and Cyrus Eyn brokered an $85,000 monthly lease for a triplex penthouse at 1 N. Moore St. in Tribeca, which had previously held the title of the city’s priciest rental.