Duplex sells in 220 CPS condominium in Vornado for $ 65 million

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220 Central Park South (Getty)

After a series of major closings last month, Vornado Realty Trust sold a duplex at 220 Central Park South for $ 65 million.

The unit, which occupies the eighth and ninth floors of the “villa” portion of the condo, entered into a contract in February 2018, according to property records. It closed in October for $ 65.6 million.

The buyer, named only ENKA Residence LLC, has secured a $ 32.5 million mortgage from Bank of America, according to records. The acquirer’s address was listed in the care of Gregorgy Fescina at Nima Capital, a family office that invests in real estate assets. Reached by phone, Fescina said he was unaware of the transaction and hung up.

The 7,911 square foot unit has eight bedrooms, eight bathrooms and 1,145 square feet of patio space, according to a recent modification to the condo’s offer plan.

The purchase is $ 8,291 per square foot – slightly lower than the three tower units that traded in last month for more than $ 10,000 per square foot. The unit price was initially $ 85 million, according to the bid plan.

With contracts for many apartments signed before 2020, the success of 220 Central Park South has apparently not been affected by the pandemic, with several expensive units having closed in the past six months. The building now has less than 30 units for sale, according to a recent Real Deal analysis.

The 18-storey villa part of the building, which is in front of the tower, now has only two units, on the second and sixth floors.

Last year, British musician Sting bought the 5,807 square foot penthouse atop the villa structure for $ 65.7 million, or $ 11,313 per foot.


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