Mystery Buyer Pays $157.5 Million for Two Condos on New York’s Billionaires’ Row
Two condos at New York’s 220 Central Park South have sold for a combined $157.5 million. It is one of the city’s priciest residential transactions of all time.
A buyer paid $82.5 million for a full-floor, 5,935-square-foot unit on the 60th floor plus $75 million for another full-floor unit on the floor above, according to property records and the condo’s offering plan. The deal, which also includes a studio on the 18th floor, was made through a limited-liability company; the identity of the buyer couldn’t immediately be determined.
Both of the larger units are resales, and the sellers, whose identities were also shielded by limited-liability companies, appear to have profited significantly. Last year, the lower level traded for $50.9 million, while the upper level sold for $51.4 million, records show.
The Billionaires’ Row mega-tower currently holds the record for the priciest sale in the U.S. In 2019, hedge funder Ken Griffin purchased a penthouse for roughly $238 million, The Wall Street Journal reported.