The Real Deal New York

Park Imperial unit with 100 percent mark-up settles for 91 percent

By Katherine Clarke | March 14, 2012 03:00PM

A 2,292-square-foot unit at the exclusive Park Imperial building at 230 West 56th Street, which came on the market in December asking a 100 percent mark-up from the owner’s original purchase price in 2005, has closed for just under $500,000 below ask, according to public records filed with the city today. The sale of the three-bedroom, 2.5-bathroom unit, which was bought by Los Angeles finance exec David Lasaee for $4.1 million and was listed for $8.3 million, closed for $7.85 million, records show.

As The Real Deal previously reported, a recent renovation of the property influenced the high price. The buyer is a local financier, a source said, listed in public records as an LLC named Park Imperial 69A Owners, with an address at 423 West 55th Street.

“There is a resurgence of consumer confidence in the New York market for people who actually live there,” the source added.

The apartment was marketed by Ryan Serhant and Nick Jabbour of NestSeekers on behalf of the seller. Serhant declined to comment while Jabbour was not immediately available. It was not immediately clear if there had been a broker on the buyer’s side of the deal.

The unit’s new owner will be in good company. The Imperial is a Midtown hotspot where celebrities like spiritual guru Deepak Chopra, rapper P. Diddy, and actor Christopher Meloni reportedly live.