This buyer just snagged two pads at 220 Central Park South

Unit 33A sold for $30M

TRD New York /
Jan.January 10, 2019 03:00 PM

220 Central Park South (Credit: Vornado and iStock)

You won’t find discounts at Vornado Realty Trust’s 220 Central Park South. A buyer just bought two pads at full asking price, forking over $32 million.

The anonymous buyer is listed as “Crystalle LLC,” according to records filed with New York City’s Department of Finance.

Unit 33A sold for $30.19 million, or roughly $8,100 a square foot. According to the offering plan, the apartment spans 3,703 square feet and was priced at $29.65 million. The second apartment, Unit 18K, sold for $1.78 million. The 472-square-foot unit was priced at $1.75 million.

The deals follow a string of recent closings — also at full list price — at 220 Central Park South. Last month, another anonymous buyer snagged a unit for $28.4 million — and Richard Leibovitch, a founding partner at Arel Capital, closed on a $26.2 million apartment.
Closings started at the Vornado project in October. Steve Roth’s real estate firm is looking at $1 billion in profits from sales at the building. In its last update, the developer said the project was 83 percent sold.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
20 West 33rd Street (20West33rd)

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project
902 Drew Street and 400 East 58th Street (Google Maps)

New York’s multifamily sales improve in Q3

New York’s multifamily sales improve in Q3
Bank OZK CEO George Gleason (Unsplash; Bank OZK)

Bank OZK’s lending up in third quarter

Bank OZK’s lending up in third quarter
The number of mortgage borrowers in Covid-19 forbearance plans ticked down again this week. (iStock)

3M homeowners remain in forbearance

3M homeowners remain in forbearance
Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
arrow_forward_ios

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

Loading...