7 surprising features that can make an apartment a penthouse, even if it’s not on the top floor

ByAndria Varble

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These days, a penthouse is not essentially on the best ground.

  • Present-day “penthouse” is no extended just the typically-defined best-floor apartment of a household making.
  • Currently, authentic estate brokers get in touch with apartments penthouses if they possess sure sought-immediately after features that include things like special layouts, sufficient outside area, large ceilings, and wonderful sights – even if they’re not on the leading flooring.
  • Other surprising attributes that can snag an condominium penthouse status include more luxurious features other models never have and far more square footage than the actual top rated-flooring unit.

Typically, a penthouse is known as the best-ground condominium of a household making. Currently, even so, there are numerous astonishing characteristics that can make actual estate agents connect with an condominium a penthouse – even if it is really not on the top rated ground.

“… The phrase penthouse has progressed a little little bit from the regular perception of the leading-ground apartment – which is the penthouse – to far more of a marketing and advertising expression in typical to assistance attain often increased profits figures and a distinction from other units in the making,” Steve Gold, a luxurious authentic estate agent at Corcoran and star of Bravo’s “Million Dollar Listing New York,” earlier informed Business Insider.

If a unit has a lot more square footage than the top-floor unit, a exclusive structure, or luxury features not uncovered in other models, for instance, there’s a superior possibility it will be dubbed a penthouse if it is really toward the best of the constructing. And occasionally these models are additional desirable than the correct penthouse.

Browse far more: A billionaire motion picture producer is selling a one-bedroom apartment that requires up an complete flooring of NYC’s Ritz-Carlton for virtually $40 million

“Contrary to preferred belief, often the prime penthouse just isn’t the best penthouse in the setting up,” Gold claimed. “There could be ones in the developing with greater terraces or extra unobstructed views, dependent on the property.”

Alex Lavrenov, a broker at Warburg Realty, told Small business Insider he thinks the expression “penthouse” should really only implement to top-floor units. It truly is an special label equivalent to “a Fifth Avenue address,” he stated.

Below are seven functions that can make actual estate brokers get in touch with an apartment a penthouse, even if it truly is not on the top floor.