The Real Deal New York

Compass’ Kyle Blackmon looks for fat profit on his 10 Madison Sq. West pad

He bought the nearly 3K sf pad last year for $8.7M
By Miriam Hall | August 01, 2017 05:30PM

Kyle Blackmon and 10 Madison Square West #5E

Compass broker Kyle Blackmon TRData LogoTINY listed his apartment at 10 Madison Square West for $11.5 million, a $2.8 million markup on what he paid for the pad last year.

Blackmon, who brokered the $88 million sale of Sanford Weill’s penthouse at 15 Central Park West to Russian heiress Ekaterina Rybolovleva in 2012,  bought the 2,871-square-foot unit in March 2016, property records show. The LLC used to buy the apartment lists Blackmon’s own apartment at 15 Central Park West as the address.

Apartment 5E in 10 Madison Square West has three bedrooms and 3.5 bathrooms, and boasts 11-foot ceilings and a chef’s kitchen. The amenities in the building include a fitness center, pilates studio and a 60-foot lap pool.

Blackmon jumped from Brown Harris Stevens to Compass in 2014, as one of the biggest names the venture capital-backed brokerage was able to poach. The move came with a drop in sell-side business for the broker – he has not featured in The Real Deal‘s top agents ranking for the past two years, but sources said he continued to do heaps of business representing buyers. His current listings include a $31 million pad at 432 Park Avenue and a $38 million unit at Walker Tower.

Blackmon did not return a request for comment. Compass’ Fiona Dumas, the listing broker, declined to comment.