Soho penthouse hits the market asking $60M. Brokers doubt it gets even half that

Corcoran and CORE are jointly marketing the pad at 419 Broome

TRD New York /
May.May 10, 2018 10:10 AM

419-421 Broome Street, Lisa and David Matlin (Credit: Getty Images)

Distressed debt tycoon David Matlin is about to list his Soho pad, and he wants a king’s ransom for it.

Matlin and his wife Lisa plan to list their full-floor penthouse at 419 Broome Street for $60 million, the New York Post reported.

There are doubts that the couple will get a figure close to that lofty sum.

“It is a beautifully done apartment, but it is not worth more than $30 million,” a broker told The Post. In 2012, the penthouse hit the market for $25.5 million but was pulled off the market.

The most expensive apartment to ever close downtown was private equity billionaire Robert Smith’s $59 million purchase at the Getty last month.

Matlin and his wife interviewed multiple brokers before picking a co-exclusive with Corcoran and CORE, but the details are still being hashed out, the report said.

The 7,634-square-foot penthouse has six terraces and a great room with 24-foot ceilings, according to an old listing. It’s above the unit where actor Heath Ledger died of an accidental drug overdose 10 years ago. The four-unit Broome St. building was bought by the property’s lender in a foreclosure auction for $15 million in 2009.[NYP]Meenal Vamburkar


Related Articles

arrow_forward_ios
49 East 10th Street and Barbara Corcoran (Credit: Google Maps and Getty Images)

Corcoran to shut down office in building partly owned by Barbara Corcoran

Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)

Welcome to Queens: Corcoran opens first borough outpost

Welcome to Queens: Corcoran opens first borough outpost
Corcoran CEO & President Pamela Liebman (Credit: iStock)

Corcoran begins new lead-gen push via Facebook ads

Corcoran begins new lead-gen push via Facebook ads
(Photo courtesy of Winkworth)

London’s so-called skinniest home hits the market

London’s so-called skinniest home hits the market
(iStock)

Déjà vu: New home sales hit 14-year high in August

Déjà vu: New home sales hit 14-year high in August
Housing and Urban Development secretary Ben Carson (Getty; iStock)

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit
220 Central Park South with Louise Sunshine and Steve Roth (Google Maps, Getty)

Another 220 Central Park South condo trades for over $10K psf

Another 220 Central Park South condo trades for over $10K psf
The Real Deal's Amir Korangy, Fredrik Eklund and Louise Sunshine

Louise Sunshine and Fredrik Eklund hold court on selling luxury

Louise Sunshine and Fredrik Eklund hold court on selling luxury
arrow_forward_ios

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

Loading...