At $25.5 Million, a Pair of Condos on Central Park
Featuring Carrie Chiang's listing at 125 East 65th Street, Upper East Side, Manhattan.
A pair of ninth-floor condominiums in the tower section of 15 Central Park West sold to a single buyer for an aggregate $25.5 million, around $4 million below the asking price, and the transaction was the most expensive of the week, according to city records.
The adjacent units, No. 9G and No. 9M, both of which have terraces, were bought by the fashion designer/real estate collector Elie Tahari, who will presumably combine them for an interior living space of more than 4,000 square feet with a 3,000-square-foot terrace, which would be the building’s largest assemblage of private outdoor space.
The smaller of the two units, No. 9M, sold for $9.75 million; the larger, No. 9G, sold for $15.75 million. As currently configured, the apartments contain five bedrooms, five full baths and two powder rooms.
Kyle Blackmon of Brown Harris Stevens was the listing broker.
The runner-up, at $22 million, was a century-old townhouse at 125 East 65th Street that had been used as the headquarters of the China Institute since 1944. The four-story red brick building between Park and Lexington Avenues was listed at $28.5 million. The 18-room house has about 9,860 square feet of interior space.
Originally constructed as a grand single-family residence, the mansion was commissioned in 1904 by Frederic S. Lee, a physiologist affiliated with Columbia University, and was designed by the renowned architect and artist Charles A. Platt. The home remained in the Lee family for four decades until it was acquired by the China Institute.
Carrie Chiang of the Corcoran Group, the listing broker, declined to comment; the anonymous buyer, “125 East 65th Street Inc.,” apparently intends to return the mansion to its original status as a single-family residence.
Big Ticket includes closed sales from the previous week, ending Wednesday.
Copyright © 2014 The New York Times Company. Reprinted with Permission. Ozier Muhammad, Jr./The New York Times.