Named the most expensive street in the world, and it is located in New York

The most expensive in the world is 57th Street in Manhattan. Here is a handful of luxurious buildings built in the last decade. This is with reference to recent studies, the newspaper writes. New York Post.

Фото: Depositphotos

A new report by Douglas Elliman and Knight Frank calculated the number of homes sold for prices starting at $ 25 million since 2015. Thanks to this, Midtown Corridor has 41 such buildings.

According to the source, this is just one of the four New York streets in the top ten most expensive streets in the world. So, over the past five years, property sales in Central Park South, Park Avenue and Fifth Avenue have also grown by more than $ 25 million.

New York is followed by such cities with the most expensive streets in the world (descending):

In Hong Kong - Mount Nicholson Road; in London it is Grosvenor Square; in Malibu, California, the Pacific Coast Highway; in Florida - Palm Beach.

On the subject: 10 New York City Districts Expecting 2020 Property Boom

A total of 41 transactions on 57th Street, where the new One57, 432 Park Ave., 111 W. 57th St. towers are located and Central Park Tower, cost an average of $ 38,5 million, the source said.

One of the deals that brought 57th Street to first place was the purchase of hedge fund manager Bill Akman in 2015 of One57 duplex for $ 91,5 million at 157 W. 57th St.

Read more at ForumDaily New York.

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