Doronin’s Crown Building trades condo for $35M

Real Estate Broker/Owner with JAD Realty Group, LLC.

Unit 18A fetched full offering price of $9K per sf

Vlad Doronin with 730 Fifth Avenue

Vlad Doronin with 730 Fifth Avenue

 Vlad Doronin’s OKO Group has sold another gem on Billionaires Row.

An international buyer paid $34.8 million for a 3,700-square-foot condominium in Aman New York, the developer’s luxury hotel and residential project at 730 Fifth Avenue in Midtown.

The three-bed, three-bathroom unit boasts a 1,000-square-foot terrace, and fetched its full offering price, according to plans filed with the New York State Attorney General. Jean-Michel Gathy of Denniston designed the interior, which includes views of Central Park and a 42-foot heated pool.

The sale was recorded Thursday, but closed in an off-market transaction on June 30th. The limited liability company that bought the condo listed a corporate address in Budapest, Hungary.

The luxury project occupies the top 20 floors of the Crown Building, converting office space to 22 luxury condos under the Aman Resorts brand. It is expected to be completed in the coming months, seven years after Doronin partnered with Michael Shvo to buy the space for $475 million. (Shvo later left the conversion, but retains a small interest in the project.)




 Amie Buchanan, global director of residence sales at luxury hospitality brand Aman, handled the sale for Aman New York.

 No recorded loan documents are tied to the 18A unit, suggesting an all-cash transaction. The property celebrates “the splendour of the Gilded Age,” according to its website, and has closed several high-dollar transactions this year.


Posted by

Jeffrey Ditri 



NYC Residential Rentals & Sales

JAD Realty Group

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