A deal has been signed for the most expensive home ever purchased in the United States.

The four floor property in Mahattan, New York was bought by billionaire businessman Ken Griffin for $238 million.

The 2,200 square metre apartment is located in the 220 Central Park South development which is still under construction.

The building has become known as the 'The Billionaire's Bunker', as the residential skyscraper has attracted a lot of interest from high-net-worth clients.

A spokesman said Mr Griffin plans to use the apartment while he is in New York on business.

The 50-year-old founder of the Citadel hedge fund is no stranger to completing record breaking property deals.

Earlier this month he acquired a $122m mansion overlooking St James’s Park in London and paid over $58m for a property in Chicago, which was a record price tag for the city.

Ken Griffin 

While his property spending is reaching new highs, Ken Griffin also invests heavily in art works.

In 2016 he was reported to have paid a total of $500m for two paintings by Jackson Pollock and Willem de Kooning.