Steven Cohen’s $115M penthouse hits the market

Corcoran’s Deborah Grubman and David Dubin have the listing

TRD New York /
Apr.April 10, 2013 01:15 PM

Hedge fund founder Steven Cohen has formally listed his One Beacon Court duplex penthouse for $115 million, with Deborah Grubman and David Dubin of the Corcoran Group. 

The four-bedroom, five-bathroom penthouse is 9,000 square feet, setting the asking price at $12,777 per square foot, the listing says. The home is now the second most expensive on the market in New York City.

The apartment includes 24-foot ceilings, Venetian plaster walls and maple floors. Among its other amenities are a chef’s kitchen, media room and a master suite with an office, sitting room and two baths.

“Whether it’s worth that amount remains to be seen,” Paula Del Nunzio of Brown Harris Stevens told the New York Observer, which first spotted the listing. “Everyone says it can’t be done — until it is.”

Cohen, who runs SAC Capital Advisors, recently paid $60 million for an East Hampton mansion on Further Lane, while his firm shelled out $616 million to the U.S. Securities and Exchange Commission to settle allegations of insider trading.

Cohen Reportedly Bought The One Beacon Court penthouse for $24 million in 2005. [NYO] –Hayley Kaplan


Related Articles

arrow_forward_ios
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

15 East 90th Street (Credit: Google Maps)

Lonely townhouse finds a match after years on market

60 East 93rd Street and Carlton Hobbs (Credit: Google Maps and Getty Images)

Why a $68M townhouse listing was abruptly pulled off the market

1 John Street and 74 Devoe Street in Brooklyn (Credit: StreetEasy)

Ten months, 10% below asking: Dumbo condo leads Brooklyn sales

220 Central Park South and 423 Park Avenue (Credit: iStock and StreetEasy)

Why ultra-luxury condo buyers are paying millions too much

From left: Colgate chairman Ian Cook and 1115 Fifth Avenue and 912 Fifth Avenue (Credit: Cuny, StreetEasy)

He sold enough toothpaste to buy this tony Carnegie Hill pad

Larry Silverstein (Credit: Getty Images, iStock)

Silverstein’s lending biz could get a boost from the weak luxury condo market

Vornado’s Steve Roth and 220 Central Park South (Credit: Getty Images)

Another villa unit at 220 Central Park South sells for $47M

arrow_forward_ios