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.
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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.
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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.