The Real Deal New York

Hedge funder Daniel Nir sells UES co-op for $52M

He and his wife paid $29M for full-floor pad in 2007

May 02, 2016 05:43PM
By E.B. Solomont

845 Fifth Avenue

The fifth-floor unit at 845 Fifth Avenue in Lenox Hill

Federal regulators may be cracking down on Wall Street bonuses, but hedge funder Daniel Nir is raking in profits from the sale of his Upper East Side co-op unit.

The founder of Gracie Capital and his wife, Jill Braufman, sold their fifth-floor pad at 4 East 66th Street, otherwise known as 845 Fifth Avenue, for $52 million, property records show. The couple paid a mere $29 million for the full-floor unit in 2007.

The latest sale price breaks down to around $6,933 per square foot for the full-floor spread, which has a private elevator landing, four bedrooms and two wood-burning fireplaces.

The fifth-floor unit at 845 Fifth Avenue in Lenox Hill

The fifth-floor unit at 845 Fifth Avenue in Lenox Hill

Property records list the buyer as a corporation known as 4 East 66th #5, LLC. The LLC was represented by New York real estate attorney Robert Frankel.

room

The fifth-floor unit at 845 Fifth Avenue in Lenox Hill

Nir and Braufman bought the 7,500-square-foot co-op in 2007 from hotelier Robert Burns. They listed the unit last year for $48 million.

Douglas Elliman’s Sabrina Saltiel had the listing.

Other well-known residents of the tony, J.E.R. Carpenter-designed building have included Microsoft co-founder Paul Allen and the late Alan “Ace” Greenberg, former CEO of Bear Stearns.

Last year, socialite Shafi Roepers listed her third-floor unit for $65 million, but the apartment is no longer on the market.

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