Billionaire Daniel Och sells 220 Central Park South penthouse for $190M

Posted On Fri, January 14, 2022 By

Posted On Fri, January 14, 2022 By In Central Park South, real estate trends, Recent Sales

220 Central Park South. Photo by Jim.henderson (cropped) via Wikimedia Commons.

Billionaire Daniel Och has sold his penthouse at 220 Central Park South for an astounding $190 million, nearly double the amount he paid for the home in 2019. As first reported by the Wall Street Journal, the sale marks one of the most expensive deals ever in New York. The buyer has not been disclosed.

As 6sqft previously reported, in 2019 Och, the founder of hedge fund Och-Ziff Capital Management, paid nearly $93 million for penthouse 73, a four-bedroom that measures roughly 9,800 square feet.

Och also picked up a one-bedroom unit on the 19th floor for about $2 million, although the WSJ reported it’s not clear whether this apartment is included in the most recent deal.

Designed by Robert A.M. Stern, the Billionaires’ Row tower is one of the best-selling condo buildings in New York City. Even during the pandemic, which brought much of the real estate industry to a standstill, 220 Central Park South saw a total of $1.52 billion in cumulative sales across 46 units during a one-year period ending in 2020.

Last July, it was reported Brooklyn Nets owner Joe Tsai bought two units at 220 Central Park South for $157.5 million. The building also still holds the title for most expensive home ever sold in the United States, a $239 million penthouse purchased by billionaire Ken Griffin in early 2019.

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Neighborhoods : Central Park South

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