Real Estate Industry News

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The $58 million penthouse, one of three unit reportedly purchased by Bezos.

VISUALHOUSE

Amazon founder Jeff Bezos has reportedly purchased three separate condos in New York’s XI building for a combined $80 million, according to reports from the Wall Street Journal. The three units include a three-floor penthouse, plus the two units directly underneath for a combined 17,00 square feet with at least a dozen bedrooms. The final sales price has not been disclosed for the penthouse, though it was recently asking $58 million after a high of $$73.8 million in 2017, as Forbes recently reported.

The sale would be the most expensive of sale on record south of 42nd Street, as appraiser Jonathan Miller told the Journal. Plus it is the second most expensive on record for the year, only bested by the $239 million purchase by Ken Griffin at the beginning of the year.

The building, at 212 Fifth Avenue, was built in 1912 and used largely for manufacturing purposes but developers Madison Equities turned the old building into about fifty condos, all of which are under contract or sold. To create the three-level penthouse they added two floors to the top of the building, which also allowed them to reserve 5,000 square feet of space for an outdoor private pavilion, including a partial glass floor to provide a skylight to the floor below.

Here’s a look at the skylight upper level.

"Skylight

Skylight Upper level

Travis Mark

And here’s the kitchen that has an attached butler’s pantry at one end. With interiors by Pembroke and Ives, the palette largely relies on neutral colors and marble accents throughout the unit.

"Kitchen"

Kitchen

Travis Mark

One of the bedrooms still has the clerestory windows that overlook the NoMad neighborhood.

"Bedroom"

Bedroom

Travis Mark

The dining area, one of them, has a herringbone floor pattern with wood floors. This corner of the unit shows the unobstructed views of the unit.

"Dining

Dining Area

Travis Mark

"The

The outdoor space

Travis Mark

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Amazon founder Jeff Bezos has reportedly purchased three separate condos in New York’s XI building for a combined $80 million, according to reports from the Wall Street Journal. The three units include a three-floor penthouse, plus the two units directly underneath for a combined 17,00 square feet with at least a dozen bedrooms. The final sales price has not been disclosed for the penthouse, though it was recently asking $58 million after a high of $$73.8 million in 2017, as Forbes recently reported.

The sale would be the most expensive of sale on record south of 42nd Street, as appraiser Jonathan Miller told the Journal. Plus it is the second most expensive on record for the year, only bested by the $239 million purchase by Ken Griffin at the beginning of the year.

The building, at 212 Fifth Avenue, was built in 1912 and used largely for manufacturing purposes but developers Madison Equities turned the old building into about fifty condos, all of which are under contract or sold. To create the three-level penthouse they added two floors to the top of the building, which also allowed them to reserve 5,000 square feet of space for an outdoor private pavilion, including a partial glass floor to provide a skylight to the floor below.

Here’s a look at the skylight upper level.

And here’s the kitchen that has an attached butler’s pantry at one end. With interiors by Pembroke and Ives, the palette largely relies on neutral colors and marble accents throughout the unit.

One of the bedrooms still has the clerestory windows that overlook the NoMad neighborhood.

The dining area, one of them, has a herringbone floor pattern with wood floors. This corner of the unit shows the unobstructed views of the unit.