$88 Million Kiddie Condo Sale

Around here, we’ve been known to talk about some of the cool homes located along the light rail line. One of the largest demographics benefitting from living along the line are students at ASU. Many ASU students work hard for their money and some of them enjoy a little bit of help from mom and dad. While some of you have had some help, I’m pretty sure none of you has had as much help as Ekaterina Rybolovleva. Ekaterina is a Russian student in New York who just purchased an apartment in New York for a cool $88 Million.

Yes, $88 MILLION.

Ekaterina’s dad is a Russian billionaire, I’m assuming he helped her out with this purchase which, by the way, isn’t her only home. According to NBC’s Brian Williams, she has a place in Monaco, as well.

Check out the WalkScore on this bad boy…

For $88 million, Ekaterina gets approximately 6744 square feet which should make for some pretty fun college parties. The apartment has 4 bedrooms and 4.5 bathrooms with a “decent” view of the park. Of course, she gets concierge service and an elevator attendant along with a fitness room and a rooftop garden to do some studying.

The monthly maintenance fees for the building at just over $8,800.00 and the property taxes are just under $5k per month. While I would imagine that daddy paid cash for the home at 15 Central Park West, I checked to see what an estimated payment would be on $88 million with a 20% down payment and came up with $391,747.18 PER MONTH.

While we have helped ASU students find cool places to live, all of them put together haven’t totaled $88 million. Maybe that’s because your mom and dad don’t know about Kiddie Condo loans! Heck, your mom or dad doesn’t need to be a Russian billionaire, they just need to co-sign on a place for you. For FAR less than $88 million, you can get a decent pad at Chateau on Central or maybe snag a place or two to crash at Hayden Ferry.

Students anywhere near Arizona State University should immediately forward this article to mom and dad and DEMAND that they buy them a home near campus.

It’s only fair…