Audacious ask at 220 Central Park South tops priciest listings

Seller seeks $10 million profit at tower for uber-wealthy

TRD NEW YORK /
Jan.January 28, 2020 08:00 AM
Clockwise from top left: 522 West 29th Street, 40 East 75th Street (center), 820 Fifth Avenue, 54 Thompson Street and 220 Central Park South 

Clockwise from top left: 522 West 29th Street, 40 East 75th Street (center), 820 Fifth Avenue, 54 Thompson Street and 220 Central Park South

A giant loft and a lofty ask for a resale at 220 Central Park South were the highlights of New York City’s priciest listings last week.

The five priciest properties to hit the market last week had asking prices from nearly $12 million to $36 million. Combined, they totaled about $96 million — a drop from last week’s whopping combined listing value of $156.4 million.

Here’s a look at the five most expensive properties that went live from Jan. 20 to 26, according to an analysis of StreetEasy and Compass data.

1. 220 Central Park South, Unit #31A | Midtown | $36 million
This four-bedroom unit on the 31st floor spans 3,703 square feet. The seller is real estate investment executive Richard Leibovitch, a founding partner at Arel Capital. He bought the apartment for $26.2 million just over a year ago. The apartment’s 42-foot living and dining room faces Central Park. The Corcoran Group’s Manju Jasty has the listing.

2. 820 Fifth Avenue, Maisonette Unit | Lenox Hill | $20 million
The 13-room co-op overlooks Central Park and has a private entrance that opens into a gallery. The four-bedroom duplex has custom moldings and classical details but also a gas fireplace, chef’s kitchen, wine cellar and laundry in its 5,240 square feet. Brown Harris Stevens’ Jill Roosevelt has the listing.

3. 522 West 29th Street, Unit #10C | Chelsea | $15.1 million
This three-level unit has three bedrooms and 1,036 square feet of terrace space, including a roof deck with a private pool. The unit exceeds 2,700 square feet with radiant heat flooring in all living areas. The 31-unit condominium is a joint effort by New York’s Siras Development and Singapore’s Oriel Development. Compass’ James Morgan, Carolina Chia and Toni Haber have the listing.

4. 54 Thompson Street, Unit #PH | Soho | $13 million
The four-bedroom condo has more 10,000 total square feet of indoor and outdoor space. The unit is a notably large loft with private elevator access. The building has only one other residential unit. The loft includes a ballroom, TV nook, three master bedroom layouts, and kitchens both in the unit and on the roof deck. The loft’s seller, Rocco Vogel, sued his neighbor, restaurant Pera Soho, in 2015 for allegedly taking over part of the roof for an illegal bar, and received $20,000 in a 2017 settlement. Frans Preidel of Brown Harris Stevens is handling the listing.

5. 73 Perry Street | West Village | $11.99 million
This eight-bedroom townhouse dates back to 1868. The 4,425-square-foot home is 20 feet wide and has a 900-square-foot garden in the rear of the property. Its triplex and five rental apartments have a total of eight fireplaces. According to listing agent Lise Lebeuf of Compass, the property can be sold vacant.

Write to Erin Hudson at [email protected]


Related Articles

arrow_forward_ios
(Illustration by Dave Murray)

The squeeze on resi brokerages is forcing consolidation, cooperation

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

arrow_forward_ios
Loading...