Three apartments at New York City’s sold-out Walker Tower have just hit the market for a combined $60 million.

Together, the three apartments–Units 18A, 18C, and 18D–encompass just under 10,000 square feet and span the full 18th floor and half of the 19th floor, according to the listing agent, Michael Graves of Douglas Elliman Real Estate, who shares the listing with Vickey Barron, also of Elliman. The sellers are Kevin Maloney and Elliott Joseph, principals of Property Markets Group. Together with JDS Development, their firm converted the 1929 Art Deco building to luxury condominium, and the developers kept several sponsor units, Graves noted. The 212 W. 18th Street tower originally served as an office for the New York Telephone Company. Later, it became the corporate headquarters of Verizon.

The $60 million price tag for the three apartments might appear sky-high, but compared to a listing five stories higher it is a relative bargain. Walker Tower’s Penthouse One hit the market last week with a price tag of $70 million. Owner Neil Moffitt, CEO of the restaurant and nightclub firm Hakkasan Group, set a new price record for downtown Manhattan when he purchased the 6,000-square-foot pad for $50.9 million a year and a half ago. Now, he is looking to turn a nearly $20 million profit.

Inside Walker Tower’s $60 Million Trio Apartments

At $70 million, the penthouse asking price is nearly $11,700 per square foot. The trio of apartments on the 18th and 19th floor (which encompass 9,841 square feet), by contrast, is asking about $6,100 per square foot, providing the listing agent with a handy market comparable. “This combination is 70% larger than Penthouse One, and half the price-per-square-foot,” Graves said. “They’re really a tremendous value.”

The trio of apartments at Walker Tower would together include nine bedrooms, 10 full baths, and two half-baths. The capacious dimensions are in line with a recent trend in the ultra-luxury market: multiple apartments being listed together to provide space at a high price point. At The Woolworth Tower Residences, also in downtown Manhattan, two 29th-floor units are listed together with a combined price of $51.35 million. Together, the apartments would span about 11,450 square feet, the entire 29th floor. Also in lower Manhattan, two apartments at the Ritz-Carlton Battery Park apartments (10 West Street) are listed with power broker Dolly Lenz for $75 million.

The trend of selling combined units holds is also seen at lower altitudes. On the Upper East Side, three owners of the 10 units inside 1025 Park Avenue have listed them together for $65 million. In Tribeca, a 29,000-square-foot apartment building at 71-73 Franklin Street is being marketed as a potential single-family residence, also for $65 million.  Even an Upper East Side garage at 177-179 East 73rd Street is being pitched to ultra-wealthy buyers; marketing materials tout its ample space and potential to become a mega-townhome, for a price tag of $50 million. 

Today’s new Walker Tower listing is technically an expansion of a listing first reported by the Wall Street Journal back in December. Originally, only Joseph was selling his units, 18A and 18C. The new listing includes Maloney’s unit, 18D. A buyer could choose to purchase the units separately, Graves said; 18A is priced at $34 million, 18C at $10.5 million, and 18D $15.7 million.