Wednesday, October 24, 2018

220 Central Park South’s first condo closes for $14.6M

The first sold apartment within Robert A.M. Stern's ultraluxe tower is now on the books

It's official: Closings are on at 220 Central Park South, the Vornado-developed behemoth (though not a supertall) that's rising along Billionaires' Row. The first sold apartment in the Robert A.M. Stern-designed tower hit the city's public records today: The unit, 24B, sold for $14,632,312.50 to a Denver-based LLC.

That's a far cry from the building's priciest properties; there are reportedly a handful that top $100 million, including a $250 million triplex penthouse. But this sale opens the floodgates for more closings within the skyscraper, which has a total projected sellout of $3.4 billion.

The building will have more than 80 apartments, according to the offering plan on file with the New York state attorney general's office. According to the Real Deal, that plan also states that this particular unit is a three-bedroom on the 24th floor, measuring over 2,600 square feet.

Corcoran's Deborah Kern is handling sales for 220 Central Park South, but would not comment to Curbed on this sale.

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