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This $118 Million Apartment Is for Sale One of the brokers on the popular TV show 'Million Dollar Listing New York' just put a seriously expensive penthouse on the market.

By Robert Frank

entrepreneur daily

This story originally appeared on CNBC

$118 million penthouse listing now biggest in downtown NYC
Image credit: Richard Caplan

Ryan Serhant may want to change the name of his show – to "Hundred Million Dollar Listing."

Serhant, one of the three brokers in the popular TV show "Million Dollar Listing New York," has just listed a $118.5 million penthouse complex at the Ritz-Carlton hotel in Manhattan's Battery Park.

It's now the highest priced property in downtown Manhattan, topping a $110 million penthouse listing in the former Woolworth building.

Read More: 10 most expensive markets for real estate

It's unclear whether he'll get anywhere near that price of course. And these days ultra-high prices are as much publicity vehicles as they are realistic valuations.

But the property is a rare mega-home in Manhattan and Serhant has proven adept at moving big properties downtown. The $118.5 million listing covers 15,500 square feet with sweeping views of the Hudson River, the statue of Liberty and downtown.

It's on the top two floors of the Ritz, 39 and 40, and covers three units. They are only being sold together as one property.

Read More: Most expensive house (we could get into) in Boston

We could tell you more about it, but the pictures tell the story.

$118 million penthouse listing now biggest in downtown NYC
Image credit: Richard Caplan
$118 million penthouse listing now biggest in downtown NYC
Image credit: Richard Caplan
$118 million penthouse listing now biggest in downtown NYC
Image credit: Richard Caplan

Robert Frank is an award-winning journalist, best-selling author and leading journalistic authority on the American wealthy. He joined CNBC in May 2012 as a reporter and editor for the news organization.

Prior to joining CNBC, Frank was with The Wall Street Journal for 18 years, serving as a foreign correspondent in London and Singapore, and later covering Wall Street and corporate scandals. For eight years, he was the paper's Wealth Reporter, covering the lives, culture and economy of the new rich.

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