A 10,500-square-foot, three-floor luxurious apartment owned by a Saudi prince that has three panic rooms and a clear view of the Hudson River in New York's Upper West Side has been put on the market for $48.5million - down from the $75million price is was listed for in 2012.
The apartment, reportedly owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud, is located in the Heritage at Trump Palace and has four bedrooms, four bathrooms and six half bathrooms.
Though the extravagant space had all the amenities a person could ask for, the prince, 82, is selling his apartment because he rarely uses it, according to listing agent Ryan Serhant.
One reason the prince doesn't use the apartment could be the fact that he is confined to a wheelchair. He suffered a stroke in 2002, according to The Washington Institute.
The home was originally created by merging six smaller units of the 31-story condo building on the fifth, sixth and seventh floors, according to court records released by the Wall Street Journal.
With large slabs of Calacatta marble throughout the space, the apartment has three bulletproof panic rooms, a gym, billiards room, hair salon, a ventilated cigar room, a fully automated smart-home feature and a 60ft living room that overlooks the Hudson River.
The apartment also has a built-in saltwater aquariums, a sushi bar, outdoor terraces, a spa and a six-person Jacuzzi.
There are also monthly common charges of $19,705 and buyers have the option of hiring the apartment's current caretaker, according to Curbed.
The apartment is listed by a corporation in which Prince Nawaf bin Sultan bin Abdulaziz Al-Saud is the principal, according to a lawsuit relating to a past sale in the building.
Mr Serhant, the real estate broker, said there is a possibility that the apartment could be sold furnished.
The unit is selling for nearly $4,600 per square foot, which is high for the Upper West Side.
The price is more likely to be seen in areas of New York like 'billionaire's row', on 57th Street, according to Johnathan Miller, president of appraisal firm Miller Samuel.
The average price-per-square-foot in the Upper West Side is $1,572, which is nearly three times higher than New York's average of $627, according to Zillow.
Prince Nawaf bin Sultan bin Abdulaziz Al-Saud is a senior member of the House of Saud and was a close ally to the late King Abdullah. He served as the Director General of Saudi intelligence from 2001 to 2005.
(dailymail.co.uk)
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