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
Wyoming ranch with ties to Walt Disney hits market for $71M
Wyoming ranch with ties to Walt Disney hits market for $71M
Wyoming ranch with ties to Walt Disney hits market for $71M
Seattle Hotel Group's Bruce McCaw and property at Hunts Point, Washington (Getty, Windermere Real Estate)
Bruce McCaw’s Northwest estate hits the market at record-setting price
Bruce McCaw’s Northwest estate hits the market at record-setting price
Extell's Gary Barnett and 217 West 57th Street (Barnet by Paul Dilakian, Itrytohelp32, CC BY-SA 4.0, via Wikimedia Commons)
Barnett: Central Park Tower will fall short of $4B sellout
Barnett: Central Park Tower will fall short of $4B sellout
From left: Extell's Gary Barnett and JDS Development’s Michael Stern along with One Manhattan Square, The Narrows, and 111 West 57th Street (Extell, JDS Development, Getty Images, The Narrows Condo)
New development sales plummeted 30% in July
New development sales plummeted 30% in July
Zillow's Rich Barton, Allen Parker (Zillow Group, Getty)
Zillow brushes off Citysnap threat, says agent advertising will fall
Zillow brushes off Citysnap threat, says agent advertising will fall
Douglas Elliman Chairman and CEO Howard Lorber (Getty Images)
Sell, sell, sell: Lack of listings dampens Elliman earnings
Sell, sell, sell: Lack of listings dampens Elliman earnings
Zillow's Rich Barton and Opendoor's Eric Wu (Zillow Group, LinikedIn, Getty)
After iBuying debacle, Zillow partners with Opendoor
After iBuying debacle, Zillow partners with Opendoor
Redfin CEO Glenn Kelman (Illustration by Priyanka Modi for The Real Deal with Getty)
Redfin’s losses swell to $78M in Q2
Redfin’s losses swell to $78M in Q2
arrow_forward_ios

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

Loading...