Tuesday 25 June 2019

Historic Central Park townhouse sells 44% below ask

Last year, a 19th-century townhouse that sits on the edge of Central Park hit the market asking $29 million. But the reality of the city’s sluggish luxury residential market hit back. The Queen Anne mansion at 248 Central Park West sold for $16.25 million, or about $1,662 per square foot, according to a property record filed Tuesday. Seller Matthew Geller, founder and managing director of health-care investment firm Geller Biopharm, declined to comment. He paid […]



source https://therealdeal.com/2019/06/25/historic-central-park-townhouse-sells-44-below-ask/

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