An Apthorp penthouse sold for $228,900. Hear that? We said an Apthorp penthouse sold for $228,900. Apthorp. Penthouse. $228,900. Thus speaketh the Post, and while it's true that the apartment (this one?) in the condo-converted Upper West Side landmark is only 763 square feet and unrenovated, it's still "livable" according to the paper's source and, just to reiterate, it sold for $228,900. That's an 88% PriceChop from the $2.025 million asking price. That's less than the price of this Hudson Heights studio. That's a Stuy Towner's dream. Is black now white? Up the new down? A team led by both LeBron James and Dwyane Wade only 5-3 in the win/loss column? Someone please make sense of all this madness!
According to the Post, the buyer is an investor, and, well, that's about it. No secrets are revealed, such as how we might be able to become the next to buy an Apthorp penthouse for $228,900. Is the controversial building somehow experiencing even more turmoil? Unclear. Though a handful of tiny unrenovated units have sold at some cheap prices (a 405-square-footer for $123K, another for $417K), those epic pre-war spreads the building is famous for are still routinely selling for $3 million to $7 million. Well, when there's a sales office open to make the deals, anyway. But we're not taking any chances. Our apocalypse bunker is stocked with canned corn and SmartWater and ready to go.
UPDATE: The Apthorp folks reiterate that the "penthouses" are not the building's glamour pads: "These are rooftop units that were built as servants' quarters. The price reflects their condition, size and overall stature. They are not remotely representative of the grand, spacious and completely renovated residences that are currently for sale."
· Condos go a-crashin' [NYP]
· Listing: 390 West End Avenue #PHQ [StreetEasy]