The Real Deal New York

This tech investor just snagged a Soho penthouse

The duplex at 52 Wooster spans nearly 4,300 square feet
By Meenal Vamburkar | August 28, 2018 03:45PM

James Payne and the penthouse of 52 Wooster Street (Credit: Corcoran and LinkedIn)

UPDATED, Aug. 28, 4:13 p.m.: Tech investor James Payne snagged a Soho penthouse.

The sponsor unit at Continental Ventures’ 52 Wooster Street sold for $13.8 million, according to New York City Department of Finance records. It was originally listed for $14.8 million and later cut to $13.9 million.

Corcoran’s Claudia Saez-Fromm and Mark David Fromm had the listing. The building is now sold out.

52 Wooster Street (Credit: Continental Ventures)

The duplex spans nearly 4,300 square feet and has a 1,163-square-foot terrace with an outdoor kitchen, fireplace and hot tub. The home also has up to 11-foot ceilings and white oak flooring throughout.

The tech bigwig — who sold his mobile ad management platform MoPub to Twitter for $350 million in 2013 — bought a $14.7 million penthouse at 459 West Broadway from Leonard Stern in 2014. Payne is also the founder of Breakpoint Capital, which invests between $250,000 and $2 million in early-stage startups.