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Colin Jost And Scarlett Johansson Buy Co-Op At 1220 Park Avenue For $13M With Douglas Elliman

Property Image
SOLD
$13,000,000
Lauren Muss
Sabrina Saltiel

New York

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Co-Op6,000 SF
Sold 03/28/2025
the dealplayerscompscontact
Property Image
SOLD

Colin Jost And Scarlett Johansson Buy Co-Op At 1220 Park Avenue For $13M With Douglas Elliman

1220 Park Avenue

See Similar Deals
Co-Op6,000 SF
Sold 03/28/2025
Lauren Muss
Sabrina Saltiel
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Co-Op
Price Per Square Foot:$2,166
Total Square Footage:6,000 SF
Transaction Type:Sale

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

Sabrina Saltiel
Douglas Elliman
Sabrina Saltiel
7 deals$257.5M volume
BROKER
Lauren Muss
Douglas Elliman
Lauren Muss
3 deals$16.4M volume
BROKER

Details

SOLD
IMAGE: Craig Cogut, Deborah Cogut, Colin Jost, Lauren Muss, Scarlett Johansson & Sabrina Saltiel DATE: 03/28/2025 ADDRESS: 1220 Park Avenue MARKET: Carnegie Hill ASSET TYPE: Co-Op BUYER: Colin Jost (@ColinJost) & Scarlett Johansson SELLER: Craig Cogut & Deborah Cogut BROKERS: Lauren Muss (@Lauren_Muss) & Sabrina Saltiel (@SaltielTeam) - Douglas Elliman (@DouglasElliman) SALE PRICE: $13,000,000 SF: 6,000 ~ PPSF: $2,167 NOTE: Scarlett Johansson and Colin Jost bought Penthouse B at 1220 Park Avenue for $13M, half its original $28M asking price.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$693,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59