The Real Deal New York

Here’s the latest pricey closing at 220 CPS

The unit sold for $23M
By Meenal Vamburkar | March 01, 2019 06:30PM

Steve Roth and 220 Central Park South

Another pricey condo at closed at Vornado Realty Trust’s 220 Central Park South — for $22.5 million.

The anonymous buyer is listed as 412391 Realty LLC, according to records filed with New York City’s Department of Finance.

Unit 38A was asking $22.1 million, according to the offering plan. The 3,114-square-foot home, which has three bedrooms, sold for $7,226 per square foot.

The closing is the latest in a string of high-priced deals at the building. Last month, another anonymous buyer paid $33.5 million for Unit 35A at the 79-story limestone tower. Amenities at the tower include a wine cellar, juice bar, library, swimming pool, basketball court and a golf simulator room.

Aside from billionaire Ken Griffin’s record-breaking $238 million purchase, other buyers at 220 Central Park South include Paramount Group CEO Albert Behler, Daniel Och, another hedge funder, and debt-collection mogul Andrew Zaro.

Vornado is making profits estimated to hit $1 billion, according to the company’s fourth-quarter earnings call. The project has an estimated sellout of $3.4 billion and total construction cost of $1.4 billion. All 27 of the full-floor units have now sold.