The Real Deal New York

CPW spread hits the market for $19.5M

Six bedroom, six bathrooms and a celebrity neighbor

July 05, 2012 04:30PM
By Guelda Voien

From left: the exterior and interior of 88 Central Park West

Two Upper West Side apartments that can be combined to provide the buyer with 50 feet of frontage on Central Park have hit the market, according to Streeteasy.com. Whoever buys the apartment not only gets a 6-bedroom, 6-bathroom spread with a private keyed elevator and an art gallery, they also get a celebrity neighbor (although not Katie Holmes).

The co-op units are available at 88 Central Park West, where Robert De Niro resides (and sets fires) and where Matthew Broderick and Sarah Jessica Parker nearly bought the $25 million penthouse. Sting owned an apartment at the exclusive co-op until two years ago, when he sold his unit for $17 million.

The limestone building, erected in 1928 and known as the Brentmore, is located at 69th Street. The contiguous units, on the sixth floor, feature a 19-foot formal dining room, library, family room, media room, and two studies.

The total asking price is $19.5 million for two apartments; John Burger, senior vice president at Brown Harris Stevens, has the listing.

The sellers appear to be Jeffrey Gates, a hedge fund owner, and Richard Moran, according to city records.

A number of properties have hit the market in the $20 to $30 million range of late. Russian oligarch Oleg Baibakov listed his 3,168-square-foot 80 Columbus Circle apartment for $25 million, the penthouse at 419-421 Broome Street, the building where actor Heath Ledger was renting when he died, hit the market for $25.5 million and financier Eyal Levy listed his five-bedroom, 4.5-bathroom spread at the Millennium Tower at 101 West 67th Street for $27 million.

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