Raphael DeNiro pays $2.9M for Soho condo
April 23, 2009 02:13PM By Adam Pincus
Raphael DeNiro and his wife Claudine just bought a home at 497 Greenwich Street
Actor Robert DeNiro's son Raphael DeNiro, a managing director at Prudential Douglas Elliman, paid $2.9 million for a 2,541-square-foot condominium at 497 Greenwich Street in Soho.
It was the first apartment the younger DeNiro has bought in New York City, he said.
DeNiro, who leads Elliman's DeNiro Group, and his wife Claudine, a senior vice president in the group, had been renting in the same area but decided to buy after seeing prices fall.
"This is a historic opportunity to buy and we decided to take advantage of it," he said. "Prices have not been this reasonable since 1998. In my opinion it is the best time to buy since 1998."
The DeNiros closed on the 3-bedroom apartment on April 16, according to property records published today.
The unit was listed by the Corcoran Group for $3.2 million.
DeNiro's uncle Jack DeNiro recently closed his boutique residential brokerage JC DeNiro & Associates, The Real Deal first reported.
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Comments
Anonymous
Is that a feeble attempt to lead by example?
Comment #1 Posted By: Anonymous 04/23/09
Anonymous
Its good to be a DeNiro! Wonder how much pops put up for him
Comment #2 Posted By: Anonymous 04/23/09
Anonymous
His father is a better real estate purchase than he was, and he purchased in 88 CPW when the market was peaking in 2006 and still got $2.1 million off the listing for $20.9 instead of $23 million.
Comment #3 Posted By: Anonymous 04/23/09
Anonymous
#1 and #2 should stop hating from their cubicles or studio rental apts
Comment #4 Posted By: Anonymous 04/23/09
Anonymous
youre an idiot #3. the apt was originally listed at $3.8mm
Comment #5 Posted By: Anonymous 04/23/09
#1
#4 - you got me on the cubicle, LOL, though I live in a very nice 2-bedroom. But please, somebody, explain to me, based on the fundamentals, how the prices are equivalent of '98 levels??
Comment #6 Posted By: #1 04/23/09
Anonymous
Who cares??? How does this effect ANYONE else? More stupid decisions made by people with too much fame and fortune. #4 Do not assume all that write negatives are living in studio apartments. It is people that have too much money for their own good that have ruined the market for hard-working middle class NYer's. By stating "from their cubicles or studio rental apts" you come across as an elitist pig. i assure you, I agree with them and I do not work in a cubicle (MANY HARD WORKING PEOPLE DO!!!) or live in a studio rental. Who the hell are you to take such a position? Again, money does not beget class...far too many classes idiots with excess capital in this country. Attitudes speak volumes...if you are not part of the solution, you are part of the problem.
Comment #7 Posted By: Anonymous 04/23/09
Anonymous
I hope Raphael helps his uncle pay his debts from JC Deniro.
Comment #8 Posted By: Anonymous 04/23/09
Anonymous
"This is a historic opportunity to buy and we decided to take advantage of it," he said. "Prices have not been this reasonable since 1998. In my opinion it is the best time to buy since 1998."... 'when I was twelve.'
Comment #9 Posted By: Anonymous 04/23/09
Anonymous
He paid 76% of the original ask of $3.5 mil. I'd say he can negotiate as well as dada.
Comment #10 Posted By: Anonymous 04/23/09
Anonymous
STREETEASY.com SAYS: 01/09/2006 Previous Sale recorded for $3,105,662. 12/02/2008 Listed in StreetEasy by Corcoran at $3,800,000. They bought for 2.9 million? I SAY BRAVO...
Comment #11 Posted By: Anonymous 04/23/09
Anonymous
You talkin to me #5?! You're the idiot because I'm talkin' about Robert DeNiro, not his son.
Comment #12 Posted By: Anonymous 04/24/09
Anonymous
I feel that the market is significantly overvalued and that these two will look back in a few years and realize that from a financial perspective they made a mistake. Having said that, I salute the fact that there are brokers who put their money where their mouth is. Then again, it may just confirm the stereotype that brokers as a group are not very bright and incapable of looking at the market objectively.
Comment #13 Posted By: Anonymous 04/24/09
Anonymous
I agree with #7, well said..
Comment #14 Posted By: Anonymous 04/24/09
Anonymous
IF NOT FOR HIS FATHER. HE WOULD NOT HAVE IMMEDIATELY BEEN GIVEN A TITLE BY ELLIMAN OR GROUP TO HELP HIM ON HIS WAY. MONEY STAYS WITH MONEY AND FAVORS STAY WITH FAVORS. IT DOESN'T GET MORE POLITICAL. UNLESS YOUR MOTHER IS A FRIEND OF DOTTIE AND AROUND AND AROUND WE GO.
Comment #15 Posted By: Anonymous 04/24/09
response to #15 & 16
What are you talking about #15? Teams aren’t given by Elliman – any agent can form one. Titles at Elliman are given based on performance and sales – why don’t you go on his webpage and see all the property he sold.
Comment #16 Posted By: response to #15 & 16 04/24/09
Anonymous
#16 go back to other pr business for elliman. #7 very well said. #9 LOL - I agree #4 you classless POS. I don't live in a studio apartment or work in a cubicle and you are a complete moron. You're probably the same type of scum that would sue their own family members for trust fund money. Go back to the 50th floor apartment your parents bought you and stay quiet. Deuchebag.
Comment #17 Posted By: Anonymous 05/06/09
Anonymous
The kid looks 12 years old now =D
Comment #18 Posted By: Anonymous 05/06/09
Anonymous
Who cares if his father, or his father's money helped him purchase his multimillion dolllar apartment. Who cares if he has a team and I agree with #16 anyone at Elliman can put together a team with the approval of the office mgr. Who cares if money attracts money, it's been that way since the start of capitalism. If you're in the business as myself, there's enough to go around, keep the focus on yourself. I don't come from money, and it takes a lot to make six figures, but at the end of the day so what? Who cares..life and left live.
Comment #19 Posted By: Anonymous 05/10/09
colombian johnny
god bless him what are u gonna do .if i was robert deniro i would do everything in my power to make sure my kids turn out allright .it says alot about robert deniro. whats a damn name if you can,t use it
Comment #20 Posted By: colombian johnny 09/11/09