Scarlett Johansson and Colin Jost’s Park Avenue Bargain – ryan

Photo: Laurent Koffel/Gamma-Rapho Via Getty Images

Any real-aestate broker will tel you the best deals are in co-ops, Particularly the Elite, Upper East Side Buildings with Rigid Rules and Palatial apartments have far been abandoned by the currency of blingy condos. But Scarlett Johansson and Colin Jost, Both Native New Yorkers, Were Apparently Not Too Put off by the Arcane Board Application to Score a Real-Estate Deal. The Couple Has Purchased A 6,000-Square-Foot pentouse AT 1220 Park Avenue, The Wall Street Journal reported. And they got a great price: Johansson and Jost Paid JUST $ 13 Million, Half the Original Ascing Price, and the Same Amount that Sellers Craig and Deborah Corgut Paid in 2006.

The penthouse, a triplex in the rosario candala-dasigned prewar co-op, has six bedrooms, six and a half bathrooms, six wod-sourning fireplaces, and 65 Windows with four expans, as well as terraces on the top two Floors. IT LOOKS EPIC, THIS IS A LITTLE STODGY. The listing says that the apartment underwent a two -ear renovation, although it doesn’t say it was Completed, but with High-end renovation prices of $ 1,000 per Square Foot, the apartment worth still be a bargain. And if the renovation was recent, it may Only Need Some Aesthetic Changes.

The SIX-BEDROM CO-OP ON PARK Avenue was Purchased for $ 13 Million, the Same Price that the Sellers Bowht it for in 2006.
Photo: Douglas Elliman

The apartment has 65 Windows and Four Exposives, Offering Plented of Light. The Oak-Paneled Library Also Has a Wood-Burning Fireplace.
Photo: Douglas Elliman

Previously, The Hollywood Couple Toured a 4,179-Square-Foot Penthouse At the Wales, a condo also in carnegie hill that sold to another buyer for $ 19 million and was, frankly, far lesson, although it also have two floors of terraces. While Johansson May have grown up downtown, and some might have guessed that she and jost woupe choose there or in brooklyn, the Upper East Side, Which for Years Had a reputation as a stuffy, Old-fashioned Neighborhouod, Has of Late Experienced Something. Resurgency, with Downtown Restaurants, Members’ Clubs, and Revitalized Old-Establishment Spots opening the neighborhood. SO FAR, MANY OF THE WEALTHY NEW BUYERS HAVE GRAVITATED TOWARDS New-DEVELOPMENT CONDOS LIKE The Wales.

While the park avenue apartment was on the market for 69 days at this price-a relatively quick period for co-ops-it ben on and off the market Since 2018. MANY SIMilar Co-Opps have sold for prices on par with what they have traded for in the Early Aughts, and 50 Percent price cuts at all. John Thain, The Form Merrill Lynch Executive, sold The 740 Park Penthouse he paid $ 27.5 million for 2006, then renovated, for $ 28 million Last year. Another co-op sale at 4 E. 66th Closed Last Week for $ 39 Million; The apartment haad been on the market SINCE 2022 and started outing $ 55 million. And Real-Estate Developer Edward Minskoff sold His Park Avenue Apartment for Less Than Half His Initial $ 17.7 Million Ascing Price AFTER Two Years on the Market, Netting Just $ 7.4 Million.

The Triplex was on the market for 69 days, a relatively Quick Time Span for units of this type.
Photo: Douglas Elliman