Tribeca penthouse sells for $24M

June 01, 2010 03:00PM

The penthouse at 1 York Street

The sprawling 15-room penthouse on top of the new condominium project in Tribeca at 1 York Street sold for $23.7 million, or more than $10 million below its most recent asking price.  

The buyer of the 6,096-square-foot sponsor unit was not identified. The three-bedroom condo, which includes nearly 2,000 square feet of terraces, was sold to an entity called Raesky LLC May 24 after going into contract April 1, city property records posted today show.

While the price was below the $34 million asking price set in June 2009, it nearly hit the $24 million asking price when the unit was first listed in February 2008, according to
The New York Post reported in August 2009 that telecommunications
investor Michael Hirtenstein would buy five combined condominium units
on the sixth, seventh and eighth floors in the building, but it was not
immediately clear if he was the penthouse buyer.

James Cox, president of brokerage Earth 316 and director of sales and marketing at the 13-story building, at the corner of Sixth Avenue and Laight Street, said because of a confidentiality agreement he could not comment on the sale.

— Adam Pincus