Hedge funder Daniel Nir sells UES co-op for $52M

He and his wife paid $29M for full-floor pad in 2007

New York /
May.May 02, 2016 05:43 PM

Federal regulators may be cracking down on Wall Street bonuses, but hedge funder Daniel Nir is raking in profits from the sale of his Upper East Side co-op unit.

The founder of Gracie Capital and his wife, Jill Braufman, sold their fifth-floor pad at 4 East 66th Street, otherwise known as 845 Fifth Avenue, for $52 million, property records show. The couple paid a mere $29 million for the full-floor unit in 2007.

The latest sale price breaks down to around $6,933 per square foot for the full-floor spread, which has a private elevator landing, four bedrooms and two wood-burning fireplaces.

Property records list the buyer as a corporation known as 4 East 66th #5, LLC. The LLC was represented by New York real estate attorney Robert Frankel.

Nir and Braufman bought the 7,500-square-foot co-op in 2007 from hotelier Robert Burns. They listed the unit last year for $48 million.

Douglas Elliman’s Sabrina Saltiel had the listing.

Other well-known residents of the tony, J.E.R. Carpenter-designed building have included Microsoft co-founder Paul Allen and the late Alan “Ace” Greenberg, former CEO of Bear Stearns.

Last year, socialite Shafi Roepers listed her third-floor unit for $65 million, but the apartment is no longer on the market.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
(Getty Images)
Housing affordability is worst on record, data shows
Housing affordability is worst on record, data shows
Michael Redd with the New Albany Country Club (Getty, Zillow)
Retired NBA star Michael Redd sells home for record $4.5M
Retired NBA star Michael Redd sells home for record $4.5M
2801 Riverton Road in Cinnaminson, NJ (Redfin, Getty)
Mansion listed for $25M sets South Jersey record
Mansion listed for $25M sets South Jersey record
Vocon's Tom Vecchione with One Willoughby Square (Vocon, 1WSQ, Getty)
Can private clubs bring New York workers back to the office?
Can private clubs bring New York workers back to the office?
From left: Stevie Wonder, Mariah Carey, and Kedar Massenbur along with 11 East Denison Drive in Saddle River, New Jersey (Getty, Coldwell Banker Realty)
New Jersey “Motown Mansion” lists for $5M
New Jersey “Motown Mansion” lists for $5M
arrow_forward_ios

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

Loading...