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

New York /
Aug.August 01, 2017 05:30 PM

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.


Related Articles

arrow_forward_ios
Slowdown in pending homes sales signals “turning point” for housing market
Slowdown in pending homes sales signals “turning point” for housing market
Slowdown in pending homes sales signals “turning point” for housing market
Realogy CEO Ryan Schneider (iStock)
Realogy CEO: remote work is here to stay, but home price growth is real
Realogy CEO: remote work is here to stay, but home price growth is real
Bad news for agents: Buyers warming to algorithms
Bad news for agents: Buyers warming to algorithms
Bad news for agents: Buyers warming to algorithms
Sciame Construction CEO Frank Sciame and the Gold Coast Mansion
Frank Sciame buys massive Gold Coast mansion. Now what?
Frank Sciame buys massive Gold Coast mansion. Now what?
Buyers from neighboring countries made up the biggest percentage of foreign sales. (iStock)
Here’s where foreign homebuyers came from and bought during pandemic
Here’s where foreign homebuyers came from and bought during pandemic
Nearly $10M settlement for “cooked” SF condo owners
Nearly $10M settlement for “cooked” SF condo owners
Nearly $10M settlement for “cooked” SF condo owners
From left: JP Morgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser and Texas Capital Bank CEO Rob Holmes (iStock, LowneyJen/Wikimedia, World Economic Forum/Wikimedia, Texas Capital bank)
Rise in home prices frees banks to offload mortgage risk
Rise in home prices frees banks to offload mortgage risk
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...