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

Power couple have bought about $114M in real estate in recent months

New York /
Sep.September 28, 2017 08:30 AM

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.”

     Related: Jay-Z and Beyoncé take out conventional mortgage on Bel Air home

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


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
US household real estate values jump by record $1.2T
US household real estate values jump by record $1.2T
US household real estate values jump by record $1.2T
David Bitton, CMO and co-founder of DoorLoop and Ori Tamuz, CEO and co-founder of DoorLoop (Bitton, DoorLoop, Getty)
Startup DoorLoop to take on goliaths in rental management software
Startup DoorLoop to take on goliaths in rental management software
Richard Grossman
Brown Harris Stevens’ NYC president Richard Grossman steps down
Brown Harris Stevens’ NYC president Richard Grossman steps down
The six bedroom Sagaponack house (Out East)
Sagaponack mansion lists for $32M in East End’s supply-constrained market
Sagaponack mansion lists for $32M in East End’s supply-constrained market
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
arrow_forward_ios

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

Loading...