Former reported IDF arms dealer lists Fifth Avenue pad for nearly $10M

TRD New York /
Apr.April 04, 2012 04:00 PM

Alleged Israeli spy and former IDF arms dealer Ari-Ben Menashe has listed his three-bedroom, 2,300-square-foot spread at 515 Park Avenue for $9.6 million, just over a year after he bought it for just $7 million, according to data from Streeteasy.com.

Menashe, author of “Profits of War: Inside the Secret U.S.-Israeli Arms Network,” a narrative charting his alleged involvement in the Iran-Contra affair of 1986, listed the Park Avenue pad with Prudiential Douglas Elliman’s Frances Katzen earlier this week, Streetasy.com shows. The apartment features a private entry gallery, a large eat-in kitchen, a library and 3.5 baths, according to the listing. Katzen was not immediately available for comment.

The unit is one of 37 in the building, which has boasted high-profile residents such as Swedish lingerie manufacturer Eric Ryd and developer Louis Cappelli; the latter bought a 13-room spread from the former at the building in 2010 for nearly $24 million, an 18.7 percent discount from the $29.5 million asking price, The Real Deal previously reported.

Menashe, who currently runs a commodity exporting firm in Montreal, bought the unit from the Galperine family of Atlanta at the close of 2010, it was previously reported. Reached through exporting company Traeger Resources & Logistics, Menashe declined to comment, saying “Oh, please,” before hanging up.


Related Articles

arrow_forward_ios
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

The Real Deal’s E.B. Solomont receives Front Page Award

SoftBank looks to take over WeWork, NYC investigates WeLive: Daily digest

SoftBank’s problem solver faces his biggest challenge yet: WeWork

Opendoor not looking to replace all agents — just some: CEO

The architect claims the design, construction and marketing of the tower rips off the design of a tower he planned and modeled for his thesis

Lawsuit over WTC design is whittled down

arrow_forward_ios