Abingdon penthouse sells for $22M

TRD NEW YORK /
May.May 14, 2013 06:15 PM

One of the two penthouses at the Abingdon condominium conversion in the West Village has sold for $22.4 million, according to records filed with the city today.

The unit first hit the market last April for $21 million and in mid-December, the asking price increased to $25 million, StreetEasy shows.

Overall, the 10-unit building at 320 West 12th Street currently has eight listings in contract, one of which is for the other penthouse, which was on the market for $19.5 million, according to StreetEasy.

The purchaser is listed in public records as Abingdon Investment LLC. The New York Post recently reported that billionaire hedge-funder Steve Cohen had purchased a unit inside the building, according to chatter, but with the unit number unavailable.

Tim Crowley, managing director at Flank, which developed the condos, declined to comment on the sale or to identify the purchaser.

The unit measures 5,574 square feet and has 1,415 square feet of outdoor space, according to the Abingdon’s website. The home has three bedrooms and 3.5 bathrooms, according to StreetEasy.

The property was formerly a 200-bed nursing home, but Flank acquired the 44,975-square-foot building for $33 million in January 2011.


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