The Real Deal New York

Beyoncé sold this Midtown crash pad for just under $10M

Power couple have bought about $114M in real estate in recent months
September 28, 2017 08:30AM

One Beacon Court, Beyoncé and Jay-Z (Credit: Corcoran Sunshine and Getty Images)

After shelling out $114 million on estates in Los Angeles and East Hampton this summer, Beyoncé and Jay-Z apparently have little use for a comparably modest three-bedroom in Midtown.

Last month, Beyoncé unloaded her condominium at One Beacon Court, located at 151 East 58th Street, for $9.95 million. “The sale happened really quickly,” a source told the New York Post. “There was so much going on.”

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The 44th-floor unit, with 2,669 square feet, sold in just 11 days. With floor-to-ceiling windows, it has a chef’s kitchen and three bedrooms. Tina Knowles, Beyoncé’s mother, sold her apartment at One Beacon Court for $5.1 million in 2011.

The Corcoran Group’s Deborah Grubman, David Adler and Paul Albano represented the singer and actress in the sale. Compass’ Victoria Shtainer represented the anonymous buyer.

The power couple also have a penthouse in Tribeca, but kept this apartment as a crash-pad for relatives.

And they’ve got plenty of other places to hole up on both coasts. Beyoncé and Jay-Z shelled out for an $88 million, 30,000-square-foot estate in Los Angeles and a “Gatsby-esque” mansion on Georgica Pond in East Hampton that set them back $25.9 million. [NYP] — E.B. Solomont