Another 520 Park penthouse sale has closed

This one sold for $30 million

TRD New York /
Dec.December 06, 2018 02:30 PM

520 Park Avenue

UPDATED, Dec. 6, 4:45 p.m.: Closings at Zeckendorf Development’s 520 Park Avenue keep rolling in — and the latest is another penthouse.

The unit sold for $30 million, according to records filed with New York City’s Department of Finance. The anonymous buyer is listed in records as “520 Park Unit PH49 Investor, LLC.”

The penthouse was previously listed at $36 million. The home spans about 4,300 square feet and has six bedrooms.

The signatory for the buyer, attorney Lee Weiss at Sheppard Mullin, didn’t immediately respond to request for comment.

Another deal also hit property records on Thursday. Unit 25 sold to an anonymous buyer for $21 million. It marked the third closing at 520 Park to hit property records this week. The previous sale was also for $30 million. The buyer is a trust associated with James Lippman, the founder and CEO of JRK Property Holdings.

Some of the priciest units at the Robert A.M. Stern-designed project have already closed. Among them was billionaire investment banker Ken Moelis’ purchase of a $62 million penthouse. Vacuum cleaner mogul James Dyson also snagged penthouse 60, paying nearly $74 million. A triplex that was listed for $130 million remains on the market.


Related Articles

arrow_forward_ios
Compass SoCal boss Nick Segal steps down

Compass SoCal boss Nick Segal steps down

Democratic State Sen. James Skoufis (Credit: NY Senate)

Real estate agents facing subpoenas after failing to appear at hearing

From left: 1 West End Avenue, 161 West 13th Street and 66 Ninth Avenue (Credit: StreetEasy and Wikipedia)

Porter House penthouse among NYC’s 5 priciest homes to hit the market last week

15 East 90th Street (Credit: Google Maps)

Lonely townhouse finds a match after years on market

From left: renderings of 1 Propect Park West, 85 Jay Street and 98 Front Street in Brooklyn (Credit: StreetEasy)

The priciest Brooklyn condo filings of 2019

60 East 93rd Street and Carlton Hobbs (Credit: Google Maps and Getty Images)

Why a $68M townhouse listing was abruptly pulled off the market

Zillow President Jeremy Wacksman

Zillow launches its high-stakes home-flipping business in LA

From left: the Ritz-Carlton, 32 East 1st Street, 560 West 24th Street, 301 East 80th Street and 32 West 85th Street

Five priciest homes new to market include 1897 townhouse

arrow_forward_ios
Loading...