The Real Deal New York

Sandy Weill maid’s quarters at 15 CPW up for sale — at $5.6M

Ex-Citigroup chair asking six times what he paid for the unit in 2007

February 12, 2014 02:10PM

  • Print
From left: Sandy Weill and 15 Central Park West

From left: Sandy Weill and 15 Central Park West

Former Citigroup chairman Sandy Weill is out to top his $88 million payday from the sale of his 15 Central Park West penthouse. He is now unloading his maid’s quarters in the posh building for more than six times what he paid in 2007.

Weill slashed the $6.25 million ask for the property, which originally hit the market in January, to $5.65 million two weeks later. But that’s still well beyond the $980,000 he paid back in October of 2007 for the 1,079-square-foot pad. It’s also more than the $5.2 million a similar unit two floors up, which is slightly smaller and with no terrace, sold for in May.

“Just think of how well ‘yeah, I spent $6 million to live in somebody’s old maids’ quarters’ is going to go over at the cocktail party,” one broker quipped to the New York Daily News.

Still, the pad boasts a 111-square-foot terrace, a bedroom suite situated off the main vestibule, a marble bathroom and chef’s kitchen with top-of-the line appliances, according to the listing, which is in the hands of Brown Harris Stevens’ Kyle Blackmon. A spokesperson for the brokerage declined to comment to TRD on the listing.

The taker will have plenty of high-profile neighbors, including Sting, Denzel Washington, Lloyd Blankfein and Russian oligarch Dmitry Rybolovlev, who picked up Weill’s pricey penthouse for his daughter. [NYDN, 2nd item]Julie Strickland

  • CaveJohnNYC

    Funny, I would figure a maid’s quarter could only be sold in as an accessory to an actual condo unit owner , hmmm…

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News