Continuum Company sells two penthouse units for $44M in Flatiron

A “high-net-worth” individual from Asia in two transactions for two penthouse units paid Ian Bruce Eichner’s Continuum Company’s 45 East 22nd Street Property LLC $44.2 million for the penthouse units at 45 East 22nd Street in Flatiron. The Wall Street Journal first reported the sale.

In the larger deal, the entity Cloud City NY LLC paid Continuum Company $24.8 million for condo unit PHB. The deal closed on February 21, 2020, and was recorded on February 27, 2020. The transaction consists of 1 parcel, including the tax class residential condo in Acris (SC).

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

In the second deal, the buyer through the entity Ocean Space NY LLC paid Continuum Company $19.4 million for condo unit PHA at 45 East 22nd Street in Flatiron. The deal closed on February 21, 2020, and was recorded on February 27, 2020.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link