A
duplex penthouse on 111 Central Park North in uptown Manhattan is now on the market for $11.5 million, the highest price for a property in the area according to StreetEasy. The listing is a steep discount from the original $19.5 million price tag set in 2021.

    The seller is real‑estate and entertainment entrepreneur Mike DePaola, who also chairs Art Walk NY for the Coalition for the Homeless, runs the pop‑up Art Bodega on the Lower East Side, and owns TW Fine Art gallery in Palm Beach.

    The 3,557‑square‑foot penthouse spans four bedrooms, three and a half bathrooms, and boasts more than 50 feet of direct frontage onto Central Park. Floor‑to‑ceiling glass windows flood the space with light, and a 30‑foot‑high ceiling gives the rooms a soaring feel. A frosted‑glass staircase designed by architect Dean Maltz connects the levels, while a fireplace anchors the living area.

    The main floor features an open‑concept chef’s kitchen, a dining area with sweeping views of the park and the city’s southern skyline, a sitting room, and two glass balconies. The dramatic staircase adds visual interest.

    Upstairs, the master suite includes a spa‑like bath, walk‑in closets, and access to a large landscaped terrace. The rooftop terrace—complete with an outdoor fireplace, spa, and pergola—offers unobstructed views of Central Park. Additional amenities include a storage unit and a parking spot with an e‑charging station.

    DePaola, who bought the property for $8 million in 2008, says the high ceilings, expansive glass, and central‑park views are unmatched. He notes there are no comparable listings and that the home is ideal for a single nester turning 60 who now seeks a dream home for someone else.

    The property is listed by Compass agents Rachel Glazer and Florence Ng.