In September a 6,240-square-foot, four-bedroom apartment sold for $42 million in New York City. The spread spans the 77th floor of One57, an apartment tower in midtown Manhattan on so-called Billionaire’s Row at the southern end of Central Park. It’s a staggering price by any standard, except perhaps its own: In 2015 the property was purchased for more than that, $47.8 million, and then listed two years later for $52 million. It has a private elevator entrance, floor-to-ceiling windows overlooking the park, and Brazilian rosewood flooring.
Given the $10 million cut from the earlier asking price, did last month’s buyer get a deal? When it comes to the billionaires-only market (particularly when that market is slumping dramatically), value might exist only by comparison. To that end, check out properties around the world that you could buy instead for a similar sum.
Beachfront estate, Brazil, $43.6 million
Listed as a “farm,” the estate has 1.2 kilometers (.7 miles) of private beach near Porto Seguro, a resort town with its own airport. (The area is about an hour-and-a-half flight north of Rio de Janeiro.) The farm, which in reality is an extremely high-end compound, covers about 500 acres and has nine buildings with a total 42 bedrooms and 62 bathrooms.
The compound has a helipad, swimming pools, tennis courts, a soccer field, gym, and extensive staff quarters, and the property is maintained by two generators, an underground irrigation system, and a reservoir that holds 100,000 liters of water. Bossa Nova Sotheby’s International Realty
Cliffside mansion, Barbados, $40 million
The 10-bedroom, 10-bathroom Cove Spring House is on a private beach in the parish of St. James on the west coast of Barbados. Set on 1.3 acres, it has views of the sea from most of its rooms.
Built out of coral stone, the building has two floors of balconies; outside are a large swimming pool, guesthouse, and gym. The extensive outdoor space, which includes multiple gazebos and lush gardens, is surrounded by a fence and accessed via an electric gate. Barbados Sotheby’s International Realty
Mountaintop compound, Los Angeles, $39.9 million
Located on more than five acres at the end of a cul-de-sac, the mansion has six bedrooms, six full bathrooms, two half baths, a 12-person home cinema, and a full gym. Accessed via a private gate, the manicured grounds include a pool, hillside tennis court, fountains, terraces, and mature trees.