The Real Deal New York

Nigerian investor scoops up 1049 Fifth Avenue duplex

November 30, 2013 05:00PM

 Nigerian playboy and oil, gas and aviation entrepreneur Kola Aluko has laid out a bundle at 1049 Fifth Avenue on the Upper East Side.

Co-founder of the Made in Africa Foundation, which funds development in Africa, Aluko paid $8.62 million for a four-bedroom, 3,660-square-foot duplex in the tony building. And while Aluko – who was recently spotted by the New York Post at Leonardo DiCaprio’s 39th birthday party at the Tao Downtown — purchased the only duplex in the building, it was hardly the priciest apartment.

Last month, Carol Staab of Douglas Elliman listed a 3,335-square-foot unit in the building for $13.5 million and the penthouse for $15.9 million, which was recently reduced to $14.95 million before it went into contract. [NYP] Christopher Cameron

Correction: A previously published version of this post misstated the listing broker for additional units in the building.

  • dontpissmeoff

    Oi there goes the neighborhood

  • Jack Sparrow

    So, I guess finally, the nigerian general found someone he could transfer those
    $ 1,000,000,000,000 in unclaimed insurance funds.

    • dontpissmeoff

      Oi there goes the neighborhood.

    • Abundance

      or maybe he just earned it

  • David

    There goes the neighborhood.