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 I recently reported. According to public records, the remaining two units sold for a total of $28.5 million.

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 $238 million purchase by Ken Griffin at the beginning of the year.

The building, at 212 Fifth Avenue, was built in 1912 and was largely used for manufacturing purposes but developers Madison Equities turned the old building into about 50 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

One of the dining areas has a herringbone floor pattern with wood floors. And this corner of the unit shows its unobstructed views.

"Dining

Dining Area

Travis Mark

Here’s another gathering spot, with a working fireplace, lightwell and full wall of windows.

"Living

Living Room

Travis Mark

An upstairs living room has sliding glass doors that open nearly all the way to create and indoor/outdoor living space.

"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 I recently reported. According to public records, the remaining two units sold for a total of $28.5 million.

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 $238 million purchase by Ken Griffin at the beginning of the year.

The building, at 212 Fifth Avenue, was built in 1912 and was largely used for manufacturing purposes but developers Madison Equities turned the old building into about 50 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.

One of the dining areas has a herringbone floor pattern with wood floors. And this corner of the unit shows its unobstructed views.

Here’s another gathering spot, with a working fireplace, lightwell and full wall of windows.

An upstairs living room has sliding glass doors that open nearly all the way to create and indoor/outdoor living space.