New York Penthouse Could Nab $120M

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Martin Zweig's Pierre Penthouse could nab $120 million.

Ever wonder what $120 million can buy? Well, in New York City, any ridiculously rich person could land Martin Zweig's Pierre penthouse.

Zweig was a successful financial expert and investor who predicted the 1987 stock market crash. He passed away this past February.

In 1999, he purchased a beautiful New York City penthouse for $21.5 million. The three story, upscale residence is slated to hit the real estate market again. Situated on top of the luxurious Pierre Hotel on Fifth Avenue, experts predict the home will sell for $120 million.

If listed for more than $100 million, it will be declared the most expensive apartment for sale in the city. The 12,000 square foot home contains a ballroom, five fireplaces, stunning views of Central Park and four terraces.

The apartment opens to a glorious marble staircase while chandeliers hang from the ceiling in most rooms.

Last year, an 8000-square-foot apartment was listed on the market for $100 million, located in midtown on West 56th street. Spanning three floors, it had an elevator, marble floors, a wine closet, nine bathrooms, six bedrooms and a wrap-around terrace.

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