The Real Deal New York

15 Central Park West condo owner seeks $11M profit

January 06, 2014 04:45PM

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15 Central Park West and unit 27C

Bunker Hill Properties is selling a three-bedroom condominium at the Zeckendorfs-developed 15 Central Park West for $25 million, an asking price that would yield an $11 million profit if purchased for that amount.

The former owner acquired it for $7.86 million in 2007, then flipped it for $14 million the next year. Bunker Hill has been the 2,761-square-foot unit’s owner since then. Susan Barkin of Barkin & Associates has the listing.

The $9,054-per-square-foot ask makes the condo the fifth most expensive apartment on the market in the city, Curbed reported, citing StreetEasy data.

There are several restrictions for residents at the 202-unit building, including no bicycles transported through the the main entrance, nothing to be hung from windowsills, no playing or lounging in the entrances, and no barbecuing in the units. [Curbed]Mark Maurer

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