A four-bedroom condo on the 14th floor of Manhattan’s 15 Central Park West, the Robert A.M. Stern-designed park-adjacent limestone building, sold last week for $29.5 million, according to property records.
The sale price represents more than an $8 million discount from the $38 million the apartment was asking when it first hit the market in March, listing records show, and $2 million less than its most recent price tag of $31.5 million. The buyer was Ciel CPW LLC, according to records.
Nevertheless, the sellers—financier and philanthropist Jeffrey C. Walker and his wife Suzanne—are still raking in a profit. They bought the condo in 2007 for $21.27 million, according to property records. Mr. and Mrs. Walker could not be reached for comment.
Spanning 4,170 square feet, the apartment has 10-foot high ceilings, a study, an eco-friendly ethanol fireplace, a dining room, four oversized windows and views across Central Park, according to the listing with Kyle W. Blackmon of Compass, who did not immediately respond to request for comment.
Discounts on luxury properties weren’t unusual in Manhattan this year. In fact they helped drive sales in 2017 to 6% above last year’s volume, as sellers who overpriced their homes finally came to the negotiating table, according to a report out Tuesday by Olshan Realty.
The apartment is the second priciest to sell in the building this year, according to StreetEasy data. The most expensive was a penthouse that sold for $50.55 million in May.
6sqft first reported the sale.
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