Edward Steichen's photograph went on sale at Christie's as part of Microsoft co-founder Paul Allen's collection, selling for $11.84 million dollars.
The photograph has been sold for $11.84 million dollars, which makes it the second most expensive photograph ever sold.
The photo, which depicts the iconic New York building of the same name, was taken in 1904.
The record for the most expensive photograph of all time was set earlier this year in May, after Man Ray's "Le Violon d'Ingres" sold for $12.4m, also at Christie's in New York, after initial estimates predicted a sale worth 7 million.
Read also: Everything you need to know about Luxembourg's most famous photographer/curator
Edward Steichen was born in Bivange, Luxembourg in 1879, and moved to the USA with his family at the age of two, where he later made his name as a photographer.
© © Image by Edward Steichen via Wikimedia / Public Domain