Jellybean Benitez to relist Gramercy Park brownstone as $33K/month rental

New York /
Jul.July 02, 2013 02:15 PM

Grammy Award-winning bassist, music producer and DJ John Benitez, better known as Jellybean Benitez, will relist a triplex at his 11,610-square-foot Gramercy Park townhouse today as a rental, The Real Deal has learned.

The apartment, which takes up three floors of the 27-foot-wide brownstone at 11 Gramercy Park South, will be listed by Luis Ortiz of Keller Williams NYC, asking $33,000 a month. It was previously listed for sale as a co-exclusive by Douglas Elliman’s Raphael De Niro and broker-to-the-stars Adam Modlin of the Modlin Group. It was last asking $18 million.

When contacted by The Real Deal, Ortiz said Benitez and his wife Carolyn, a former model who now owns a Union Square coffee shop, had decided to hold off on selling the property for the meantime. Their reasons for delaying a sale were not clear.

“It’s a good property to hold onto. Gramercy Park was already established but it’s going to become even bigger once the move-ins start at [18 Gramercy Park],” Ortiz said, referring to the new condominiums by developers William and Arthur Zeckendorf.

Modlin declined to comment on the listing, while De Niro was not immediately available for comment.

Benitez bought the five-story property from County Dollar Corp. in 1992, paying an undisclosed sum. It is currently configured as three apartments, including two duplexes that span the fourth and fifth floors.

The triplex unit has three bedrooms, three bathrooms and a south-facing patio and garden, according to a previous listing.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
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
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Chief People Officer Carolyn Patterson (Getty, Yelp)
Yelp to experiment with return-to-work plans
Yelp to experiment with return-to-work plans
Brookfield Asset Management’s Bruce Flatt (iStock)
Brookfield posts record FFO in Q1 — but not because of real estate
Brookfield posts record FFO in Q1 — but not because of real estate
From left: Furnished Quarters' Steven (left) and Gary Brown with 315 West 33rd Street (left) and 158 West 27th Street (Furnished Quarters, CityRealty, CityFeet)
Landlords sue hospitality stalwart Furnished Quarters
Landlords sue hospitality stalwart Furnished Quarters
David Schonbraun (SL Green)
SL Green investment chief David Schonbraun steps down
SL Green investment chief David Schonbraun steps down
Manhattan and Brooklyn saw all-time records in lease signings in April (iStock)
April leases soared across city; so did concessions
April leases soared across city; so did concessions
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...