The Real Deal New York

Nautica founder sells 610 Park Avenue penthouse for $23.68M

September 14, 2011 04:13PM
By Katherine Clarke


At left: 610 Park Avenue; Top center: Nautica founder David Chu; Bottom center: Listing broker Carrie Chiang, of the Corcoran Group; At right: the penthouse

The duplex penthouse at the former Mayfair Hotel belonging to Nautica founder David Chu has finally found a buyer, according to public records filed with the city today. An unknown buyer, who purchased under the name 610 Park LLC, paid $23.68 million for the property.

Chu and his wife purchased the five-bedroom penthouse, which had been combined with the unit below, in 1999. It was initially listed for $32.8 million with the Corcoran Group’s Carrie Chiang in March 2010, which made it one of the top 10 most expensive condo listings in the city at the time. It was then taken off the market at various intervals, and saw interest from “Sex and the City” star Sarah Jessica Parker and husband Matthew Broderick. It was most recently listed for $25.8 million.

The 7,700-square-foot spread has a 1,450-square-foot private rooftop terrace, solarium and formal dining room.

As The Real Deal previously reported, the penthouse is one of just two in the prewar, limestone-and-brick building known as 610 Park Avenue. Investment firm Colony Capital purchased the building for $15 million in a 1996 foreclosure sale and joined forces with Donald Trump in the condo conversion project.

Neither Chiang nor the attorney who represented the buyer was immediately available for comment. 

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