Mystery buyer snags $34M unit at 220 CPS

The sale price comes out to $6,881 per sf

TRD NEW YORK /
Apr.April 09, 2019 11:00 AM
220 Central Park South (Credit: Google Maps)

220 Central Park South (Credit: Google Maps)

Another 220 Central Park South has sold to yet another anonymous buyer.

The buyer — listed as “NOOR 220, LLC” in property records — bought unit V-5 in the villa building of the Vornado Realty Trust project for $34.4 million, according to New York City’s Department of Finance.

The home was asking $34.5 million, per the condominium offering plan. The sale price works out to $6,881 per square foot. The apartment spans 4,994 square feet and has five bedrooms. Amenities at the tower include a wine cellar, juice bar, library, swimming pool, basketball court, and a golf simulator room.

In March, another mystery buyer bought two condo units at the building on the same day. The unknown person bought unit 41A for $23.4 million, or roughly $7,500 per square foot, and unit 19G for $1.8 million, or roughly $3,600 per square foot.

The 79-story limestone tower was designed by Robert A.M. Stern. Closings at the building began in October. Vornado estimates profits at the condo to check in around $1 billion.

The new buyer will join billionaire hedge funder Ken Griffin, who bought the building’s penthouse for a record-breaking $238 million; hedge funder Daniel Ochs; investment executive Richard Leibovitch; Brazilian construction heiress Renata de Camargo Nascimento; debt-collection mogul Andrew Zaro; and Albert Behler, chairman and chief executive of real estate investment trust Paramount Group.


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