Rupert Murdoch Sells $23.8 Million NYC Penthouse For Nearly 50% Loss
Media mogul Rupert Murdoch recently sold his $23.8 million triplex penthouse at One Madison for a staggering $20 million loss. Murdoch purchased the property in 2014 for $43 million.
Spanning just over 7,000 square feet across three levels, this 5-bedroom, 6-bathroom residence offered unrivaled luxury and some of the most spectacular views in Manhattan.
Despite its stunning design and world-class amenities, Murdoch’s departure marked a significant financial loss, given the large increase in mortgage rates within the luxury real estate market.
Property Highlights
- Price: Sold for $23.8 million (originally purchased for $43 million)
- Location: One Madison, New York City
- Size: Over 7,000 square feet
- Bedrooms/Bathrooms: 5 bedrooms, 6 bathrooms
- Notable Features: Panoramic skyline views, private terrace, internal elevator, double-height Great Room
A Penthouse Above the Skyline
Located on the 58th to 60th floors of the prestigious One Madison, this penthouse epitomized elevated living.
The defining feature of the home is its double-height Great Room, where floor-to-ceiling windows frame breathtaking 360-degree views of Manhattan, the Hudson River, and the East River.
A 586-square-foot terrace extends from the Great Room, providing an ideal space for entertaining against the glittering backdrop of the city.
Our Favorite Spot
Rupert Murdoch’s former penthouse has a breathtaking, double-height living room that is by far our favorite spot inside.
The space features towering floor-to-ceiling windows that flood the room with natural light while framing uninterrupted, panoramic views of the Manhattan skyline.
Sleek white walls contrast beautifully with rich hardwood floors, and a sculptural spiral staircase acts as a focal point, leading to the upper level.
The furnishings are understated yet sophisticated, with plush cream-colored sofas arranged around a central wood coffee table, accented by deep red and muted pink cushions for subtle warmth.
This living area is not just visually striking but designed for both relaxation and upscale entertaining, offering guests an unrivaled vantage point of New York City’s iconic landmarks.
More Photos Inside
While we’re personally obsessed with the living room, plenty of other spaces bring their own wow factor.
In the Instagram post from Compass NY, you can get a closer look at several key rooms from one of the more recent listings after Murdoch sold the property.
The post highlights the kitchen, dining room, and primary bedroom, each offering a clearer view of the home’s refined design and layout.
While each room has its own charm, one of the most captivating elements of the home is how it transforms from day to night.
During the day, natural light pours in through the windows, brightening every corner. At night, the glow of the city skyline takes over, casting a soft ambiance that lights the interiors without a single bulb needed.
That transition from dusk to dawn is captured beautifully in the YouTube video from Compass.
Exclusive One Madison Amenities
Residents of One Madison enjoy unparalleled amenities through the One Club, designed for the ultimate in convenience and relaxation. Offerings include:
- Indoor Pool and steam room
- State-of-the-art fitness center
- Elegant social lounges for gatherings
- Full-time doorman and concierge services
The building’s location adds to its allure, with celebrated restaurants such as Eleven Madison Park and Gramercy Tavern just steps away.
A Testament to Manhattan Luxury
Although Rupert Murdoch’s sale came at a significant loss, his triplex penthouse at One Madison remains a symbol of New York City luxury.
With its expansive layout, commanding views, and proximity to some of Manhattan’s most iconic landmarks, the residence continues to define the pinnacle of high-end living.
