A record-setting $8 million for a recent South Park condo sale
One couple has purchased both brand-new condos for sale at 147 South Park for a combined price of $8 million, according to a report from SocketSite. The 3-bedroom, 3.5-bath second-floor unit sold for $3.05 million, while the top-floor, 3-bedroom, 2.5-bath unit sold for $4.995 million. (The ground floor has storage, a lobby and two parking spaces.)
At a combined 5,300 square feet, that works out to about $1,500 a square foot. According to SocketSite, the previous record for a condo in the neighborhood was a 2,600-square-foot three-bedroom penthouse unit that sold for $3.5 million in 2011 at just over $1,300 a square foot.
SocketSite didn’t reveal who the buyers of 147 South Park are, but gave a “blind item”-style hint as to where they might have come up with the $8 million to seal the deals: “While neither works at Google, Apple, Facebook or Twitter, one half of the couple did co-found a software company which was recently acquired by another which has been around since the 80s.”The new-construction condos were built by MT Development and designed by Geddes Ulinskas and CCS Architecture. Some of the more unique features include an elevator that goes from the ground level and stops inside each residence, including both floors of the penthouse unit; custom millwork; a high-end security system; a saline hot tub on the roof deck; and a home automation system that controls lighting, music, temperature and more.
No word on if the new owners plan to combine both units into one massive new abode or keep them separate. After all, that smaller, second-floor unit could make a pretty sweet guest suite.
Emily Landes is a writer and editor who is obsessed with all things real estate.