Vornado Realty Trust Sells Multifamily Asset In Midtown Manhattan For $34M

Vornado Realty Trust has completed the sale of two additional units at 220 Central Park South in Midtown Manhattan. The properties include a three-bedroom apartment and a studio, sold for a combined price of $34 million. The asset consists of 117 units with an average price per unit of $290,598. The transaction took place on April 18, 2024, with Steven Roth as the seller.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $34,000,000
• Units: 117
• Price per Unit: $290,598
• Address: 220 Central Park South
• Market: Midtown Manhattan

Steven Roth, representing Vornado Realty Trust, facilitated the sale of the two units at 220 Central Park South. The deal marks another successful transaction in the prominent Billionaires’ Row area of New York City.