Trump International Penthouse Sells For $23.5M On Central Park West
1 Central Park West Unit # PH50A
$23,500,000
$5,222/SF
Building Size
4,500 SF
Asset Type
Condo
Closing
Jun 14, 2023
About this deal
AI
Unit PH50A, a penthouse located in the Trump International Hotel and Tower on Central Park West, was recently sold for $23.5 million. This sale marks a significant profit compared to its previous sale price of $6 million in 1997. The penthouse spans approximately 4,500 square feet and features five bedrooms and 6.5 bathrooms.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $23,500,000
- Address: 1 Central Park West Unit # PH50A
- Market: New York
- Broker: Federica Floris & Deanna Kory - Corcoran
- Square Footage: 4,500
- Price per Square Foot: $5,222
The sale of Unit PH50A was facilitated by brokers Federica Floris and Deanna Kory from Corcoran. Their expertise in the market ensured the successful transaction. By achieving a sale price of $23.5 million, this sale showcases the desirability and value of luxury properties in the New York market.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $5.2K per square foot on a published $23.5M for 4,500 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93