NYC Apartments

Penthouse Apartments in NYC (2026)

NYC penthouses are top-floor apartments typically with a private terrace, multiple exposures, and setback construction from the street level. True penthouses are rare and command major premiums — often $10,000-$50,000+/month in prime Manhattan buildings. Watch for "PH" listings that are just high floors without the defining penthouse features.

What to look for in a penthouse NYC apartment

  • True penthouse vs "PH" floor number (true penthouses have private outdoor space)
  • Private terrace size and access
  • Multiple exposure directions (penthouses typically have 2-4 exposures)
  • Setback construction (the unit sits back from the building edge)
  • Elevator key access or private elevator

Want a deeper dive? Read our full NYC Building Types Explained guide.

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