The Real Deal New York

Greenwich penthouse price tag cut in half, sells for $26M

The discounted pad at the Delos building has Leonardo DiCaprio for a neighbor

April 15, 2016 12:05PM
By Kathryn Brenzel

66 East 11th Street in Greenwich Village (inset: Leonardo DiCaprio and mystery buyer) (credit: Paramount Pictures)

66 East 11th Street in Greenwich Village (inset: Leonardo DiCaprio and mystery buyer) (credit: Paramount Pictures)

Apparently Leonardo DiCaprio and vitamin C shower water weren’t strong enough selling points to justify a $50 million price tag.

A Greenwich Village penthouse in the Delos building sold for $26 million, nearly half of the unit’s initial asking price. The triplex, located at 66 East 11th Street, went into contract in October, but the price of the unit only became public last week when the sale closed. The condo was most recently listed for $30.5 million, down from an earlier $50 million ask. DiCaprio also owns a unit in the building, which he purchased in 2013 for $10 million. He reportedly rented the unit out last year.

Kim Kardashian reportedly toured the penthouse with her mom and half-sister, Kendall Jenner, in 2014. It wasn’t immediately clear who ultimately scooped up the home. Property records list Grenville Properties LLC, and an attorney signed off on the new owner’s $11 million mortgage.

Town Residential broker Steven Gold handled the listing.

The three-story unit spans 7,693 square feet and features a rooftop terrace. Other draws include a circadian lighting system that matches individual sleeping patterns and a master bathroom with vitamin C-filtered shower water. The building, owned by Delos and built in 1897, has six residences.

It’s an increasingly tough time for ultra luxury building in Manhattan. Developers are already heeding the headwinds of a slowdown by cutting prices at their projects. As The Real Deal reported last week, more than 30 percent of penthouses have seen price chops.

The Greenwich Village penthouse has seen several price cuts since it hit the market in 2013. To be fair, though, the sale went into contract when DiCaprio was sans Oscar. Jury is out on whether this would have affected price negotiations.

Correction: An earlier version of this story misidentified the sale’s broker. It’s Steven Gold.

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