Penthouse apartments tend to cost a lot more to buy or rent than other apartments in the same building. That may not be an issue if you're truly loaded, but if not, the premium you pay might give you access to a few extra features, but not so many that it's worth the extra money.3 Mar 2021
Do penthouses go up in value?
Less market volatility. For all the above reasons, on average, penthouses tend to sell for about 5 to 10 percent more than non-penthouse apartments.29 Sept 2021
Do penthouses lose value?
For all the above reasons, on average, penthouses tend to sell for about 5 to 10 percent more than non-penthouse apartments. And they also tend to be less affected by market volatility as a result, Miller says.29 Sept 2021
Are penthouses safe to live?
Exposure to the elements. It's safe to say you're more susceptible to the elements when living right beneath the roof. According to Jeff Schneider, president of insurance brokerage Gotham Brokerage (fyi, a Brick sponsor), storm damage to the roof or ice damming are more likely in a penthouse than in other units.29 Sept 2021