- Moscow's "Golden Mile" is home to some of the city's most expensive real estate .
- Homes cost, on average, $2 million in older buildings and $3.5 million in new construction buildings, according to Sotheby's International Realty.
- Russian government officials, celebrities, and families with "old money" call the area home, according to Sotheby's.
- On a recent trip to Russia , I got a tour of the neighborhood and one of its most prestigious luxury residences, Nabokov, where available condos start at about $3.2 million and the penthouse sold for $19.4 million.
- It was a stark contrast to luxury buildings I've toured in NYC , which are obsessed with offering lavish amenities , from exclusive private clubs to 82-foot swimming pools.
- In Nabokov, the main draw seems to be the privacy and prestige of living on Moscow's Golden Mile.
- Visit Business Insider's homepage for more stories.
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A luxury building on Moscow's 'Golden Mile' is home to Russian businessmen, celebrities, and athletes. I got a look inside, and its 15 residences were totally different from high-end condos I've toured in NYC.
Katie Warren/Business Insider
Moscow's Golden Mile, a residential area between the banks of the Moscow River and Ostozhenka Street, is home to some of the city's priciest real estate.
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Moscow's Golden Mile , a residential area between the banks of the Moscow River and Ostozhenka Street, is home to some of the city's priciest real estate.
Russian government officials, celebrities, and families with "old money" call the area home, according to Olga Novikova of Moscow Sotheby's International Realty. Homes cost an average of $2 million in older buildings and $3.5 million in new construction buildings, according to Sotheby's.
Demand for the area has cooled somewhat in the last five years, Maria Bocharova, the chief marketing officer for Sotheby's International Realty, told Business Insider.
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"But many people still want to live there and the popularity and prestige of this area will remain stable for a very long time," Bocharova said.
On a recent trip to Russia, Sotheby's gave me a tour of one of the neighborhood's most luxurious new residential buildings called Nabokov. Here's what it was like.
See Also:
- The Sheikh of Dubai dropped $16 million on 10 horses at a September auction. Here the wildest things I saw on his 800-acre horse farm in Kentucky.
- A Florida mansion designed to look like the former home of the Romanov Tsars just hit the market for $13.5 million. Here's a look inside Fort Lauderdale's 'Golden Palace.'
- Under Armour is under federal investigation over its accounting practices. Here's how the company's billionaire founder, Kevin Plank, makes and spends his money.
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SEE ALSO: I walked through Moscow's 'Golden Mile,' one of the city's most expensive neighborhoods, and got a glimpse of what most photos don't show you: It's a mix of the old, the new, and the abandoned
DON'T MISS: 6 culture clashes I had as an American woman traveling alone in Russia
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