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HOUSE OF THE DAY: New York City's Walker Tower Combo Apartment Hits The Market For $44.5 Million

<p class="p1"><span style="font-size: 15px; line-height: 1.5em;"><img style="float:right;" src="http://static5.businessinsider.com/image/5480868decad04cb6a0964da-1200-924/hotd-9.jpg" border="0" alt="HOTD"></span>

Chelsea's infamous Walker Tower, where apartments sell for record-breaking prices, has its newest listing.

The $44.5 million dollar combo apartment is the most expensive residence in the building after the $50.9 million Penthouse One, according to the Wall Street Journal .

The 18th-floor apartments were previously on the market separately, selling for $34 million and 1$0.52 million respectively.

<p class="p1">But owner Elliott Joseph decided to combine the two units to make one massive 6,975-square-foot apartment.

<p class="p1">The new listing is actually bigger than the Penthouse One, but is selling for only $6,380 per square foot, which is a much better value than the $8,547 per square foot price of the Penthouse.

The buyer of this apartment will join notable neighbors such as Cameron Diaz and Sex Pistols produce Mike Thorne.

<p class="p1">Michael Graves of Douglas Elliman Real Estate has the listing.

<h3>Welcome to the Walker Tower. Designed in 1929 by the famed architect Ralph Walker, the Art Deco building was turned into 50 luxury condominium residences in 2012. </h3>

<h3>The apartment in downtown Chelsea has coffered ceilings, custom-designed millwork and lighting, plus a built-in humidification system. It even has a beautiful wood-burning fireplace. </h3>

<h3>The unit is covered in heated French herringbone oak wood floors, making it stylish and cozy. </h3>

<h3>It has floor-to-ceiling custom tilt-and-turn windows for stunning New York City views. </h3>

<b>See the rest of the story at Business Insider</b>

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