Ken Griffin Of Citadel Acquires Duplex Co-Op At 740 Park Avenue For $38 Million

A duplex co-op located at 740 Park Avenue in Manhattan has been sold for $38 million. The asset encompasses approximately 7,500 square feet and was transacted off-market. This sale showcases a price per square foot of $5,067 and expands the ownership of its buyer within the high-end co-op market of Manhattan.

Summary of transaction details:

• Property Type: Co-Op
• Transaction Amount: $38,000,000
• Buyer: Ken Griffin
• Buyer's Company: Citadel
• Square Footage: 7,500
• Price per Square Foot: $5,067
• Address: 740 Park Avenue
• Market: Manhattan

Ken Griffin, the founder of Citadel, has increased his holdings in the prestigious co-op by acquiring this unit, following a neighboring purchase made the previous year for $45 million from Julia Koch.