Fourth Unit at 220 Central Park South Sold for More Than $60 Million

Vornado Realty Trust’s 220 Central Park South has closed another major sale for $64.1 million at the end of October. This is the building’s fourth closing for more than $60 million this year, with a record-crushing sale at $240 million in January. Two additional units were sold at $65.75 million and $61 million in July and September, respectively. The next priciest sale was for $55.5 million in October.

At $240 million, the development smashed residential real estate records, sweeping the title for most expensive home ever sold in the United States. The penthouse unit went to Hedge Funder Ken Griffin. Encompassing 23,000 square feet over three floors, the crown of the limestone tower combined four separate units – a duplex on the 50th and 51st floors and three additional units – into one enormous penthouse.

Vornado’s most recent sale of unit 49A at $64.1 million covered a 6,591-square-foot spans with five bedrooms and six bathrooms. According to property records, K & J Assets Inc. purchased the property and Scott Segal, Esq. acted as the authorized signatory on the deed.

Vornado Realty Trust – www.vno.com

 

In September, the $61 million sale of unit 47A transferred the five-bedroom, six-bathroom unit into the hands of an entity titled 47 Spc 1, LLC out of Los Angeles. Real estate attorney Catherine Cosgrove was the authorized signatory for the 6,591-square-foot unit.

Earlier in the year, another penthouse unit was snapped up for $65.75 million by British musician Sting.

220 Central Park South is the self-proclaimed preeminent new address in New York, situated directly on Central Park. The tower boasts views of the entire park from every residence within its 79 stories. Nodding to New York’s history, the building is clad in rich Alabama Silver Shadow limestone and portrays Robert A.M. Stern Architects’ signature interpretation of classical pre-war design. The renowned residence was developed by Vornado Realty Trust and designed by Robert A.M. Stern Architects and The Office of Thierry W. Despont.