Unit in 220 CPS returns to the market for $22M

Three-bedroom, 24th-floor unit asks $7M more than 2018 sale price

A photo illustration of 220 Central Park South (Getty, Google Maps)
A photo illustration of 220 Central Park South (Getty, Google Maps)

The unit that set off a rewarding sales streak in the early days of Vornado’s 220 Central Park South is back on the market.

Unit 24B is asking $21.8 million, or $8,314 per square foot, just four years after selling to an anonymous buyer in 2018 for $14.6 million.

The 24th-floor unit was the first to close in a series of early sales at the Billionaire’s Row tower that saved its developer from a year of tough financial losses. The building raked in $1 billion in profits by the end of 2020, securing its status as the world’s most profitable condo.

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One of the tower’s units — a 23,000-square-foot quadplex purchased by Ken Griffin for $240 million — holds the record for the priciest residential deal in the United States.

The building also sparked headlines with Sting and Trudie Styler paying $66 million for a penthouse villa in 2019 and billionaire investor Daniel Och paying $93 million for a 9,800-square-foot penthouse. Och sold his penthouse last January for $188 million, nearly doubling what he paid and notching a peak local price.

The Corcoran Group’s Deborah Kern had the listing.

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Vornado Realty Trust CEO Steven Roth and 220 Central Park South (Getty, Jim.henderson, CC BY-SA 4.0 - via Wikimedia Commons)
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