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

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

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

WeWork’s side businesses are fizzling

Compass doesn’t want a jury trial in the Avi Dorfman case

Another WeWork exec is out, Bank OZK’s construction lending is up: Daily digest

Co-living trend of renting bedrooms is back and here to stay: TRD Miami Showcase & Forum

SoftBank rescue plan would bring WeWork’s valuation to $8B

Bank OZK reports uptick in construction lending in Q3