Colin Jost And Scarlett Johansson Buy Co-Op At 1220 Park Avenue For $13M With Douglas Elliman
1220 Park Avenue
$13,000,000
$2,166/SF
Building Size
6,000 SF
Asset Type
Co-Op
Closing
Mar 28, 2025
AI
The asset involved in the transaction is a Co-Op located at 1220 Park Avenue in New York City. The sale executed on March 28, 2025, culminated in a price of $13,000,000.00 for a total of 6,000 square feet.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $13,000,000.00
- Address: 1220 Park Avenue
- Market: New York City
- Square Footage: 6,000.0
- Buyer: Colin Jost and Scarlett Johansson
- Seller: Craig and Deborah Cogut
- Broker: Lauren Muss, Douglas Elliman
- Broker: Sabrina Saltiel, Douglas Elliman
The transaction features prominent buyers Colin Jost and Scarlett Johansson, acquiring the property from sellers Craig and Deborah Cogut. The deal was facilitated by brokers Lauren Muss and Sabrina Saltiel, both from Douglas Elliman.
Players
New York Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93