The Real Deal New York

The latest closing at 220 Central Park South is this $28.4M unit

The sale price pencils out to about $7,600 per sf
By Meenal Vamburkar | December 14, 2018 11:30AM

Unit 28A was purchased by an anonymous buyer

The latest unit to close at Vornado Realty Trust’s 220 Central Park South sold for $28.4 million.

Unit 28A was purchased by an anonymous buyer, listed as “VVMB NY LLC,” according to records filed with New York City’s Department of Finance. The LLC’s addressed is associated with the DLA Piper law firm in Miami.

According to the condominium offering plan, Unit28A spans about 3,700 square feet and was first listed for $24 million. Ultimately, the pad sold at about $7,600 per square foot.

This is the second deal at 220 CPS to hit property records this week. Richard Leibovitch, a founding partner at Arel Capital, closed on a $26.2 million apartment.

Closings started at the Vornado project in October. The first unit to close went to an anonymous buyer who paid $14.63 million. In November, Chinese buyers bought Unit 26A for $13.3 million.