An anonymous, deep-pocketed buyer is shelling out a cool nine digits for a prime duplex on Manhattan’s Billionaires’ Row.
The glam spread at Extell Development’s Central Park Tower has entered contract for north of $100 million, the Wall Street Journal first reported on Wednesday.
Located at 217 W. 57th St., the unit consumes the 107th and 108th floors — and boasts 30-foot high ceilings, sweeping views of Central Park, two terraces, seven bedrooms and more than 12,500 square feet of space.
It initially listed last year for $175 million, a price tag that was recently cut to $149.5 million.
The building, begun in 2014, was finished in 2022 and has roughly 180 apartments.
The unidentified buyer paid significantly less than that last ask, but “quite a bit” more than $100 million, Extell Development chairman Gary Barnett told the Journal, declining to reveal the buyer but noting, “It’s the most expensive residence we’ve ever sold.”
The pending sale is slated to be NYC’s first $100-plus-million deal in a year. Extell
The residence is on the building’s 107th and 108th floors. Extell
The apartment has two terraces, seven bedrooms and prime views of Central Park. Extell
The building has about 180 units in all. Extell
The unit boasts sweeping views of the city and beyond. Extell
The unit was last listed for $149.5 million. Extell
The building was completed in 2022. Extell
The abode sold for less than its initial ask. Extell
There are lofty ceilings throughout the apartment. Jonathan Walgamott of ExtellOnce it goes through, the Central Park Tower purchase will mark New York City’s first sale of more than $100 million in more than a year.
The last one was in 2022, when Microsoft co-founder Paul Allen got $101 million for two Upper East Side units — and before that in 2021, when hedge funder Daniel Och got nearly $190 million for his 220 Central Park South penthouse in one of the biggest residential deals ever recorded in New York.
Still, this forthcoming transaction is miles away from billionaire Ken Griffin’s record-setting 2019 purchase of a Billionaire’s Row abode at nearby 220 Central Park South for approximately $238 million, the most ever paid for a home in the US.
Central Park Tower is also home to an even more high-gloss penthouse that listed for sale in late 2022 for a sky-high $250 million. A sale at that price would have eclipsed Griffin’s record. However, similar to this now-in-contract home, that crown jewel lowered its stratospheric ask to a still-high $195 million a year later.
Extell Marketing Group and Corcoran Sunshine Marketing Group had the listing. Douglas Elliman’s Kent Wu, John Gomes and Fredrik Eklund of the Eklund | Gomes Team at Douglas Elliman represented the buyer.
