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

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

TRD 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.

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