This tech investor just snagged a Soho penthouse

The duplex at 52 Wooster spans nearly 4,300 square feet

TRD New York /
Aug.August 28, 2018 03:45 PM

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.


Related Articles

arrow_forward_ios
Existing home sales rose again in September as listed inventory sunk to a new low. (iStock)

Existing homes sales remain high, but inventory is “historically low”

Existing homes sales remain high, but inventory is “historically low”
 Jennifer Lawrence and 17 Jane Street with Edward Minskoff (Getty; Sciame Construction)

Jennifer Lawrence buys at Ed Minskoff’s West Village condo

Jennifer Lawrence buys at Ed Minskoff’s West Village condo
Gov. Andrew Cuomo (Getty; iStock)

New York City lifts lockdown for some Covid hot spots

New York City lifts lockdown for some Covid hot spots
518 Broadway (Google Maps)

Four years vacant: Landlord offers dire outlook for Soho building

Four years vacant: Landlord offers dire outlook for Soho building
217 West 57th Street with Extell Developement's Gary Barnett and Corcoran's Pamela Liebman (Photos via Extell; Barnett via Anuja Shakya)

Extell brings on Corcoran Sunshine to help market Central Park Tower

Extell brings on Corcoran Sunshine to help market Central Park Tower
660 Madison Avenue (Photo via Jenel Real Estate)

Safra family finally begins 660 Madison’s office-to-resi conversion

Safra family finally begins 660 Madison’s office-to-resi conversion
The Northeast is driving gains in building permits and housing starts (iStock)

Northeast drives gains in building permits, housing starts

Northeast drives gains in building permits, housing starts
(Getty, iStock)

Mortgage applications to buy homes decline for fourth straight week

Mortgage applications to buy homes decline for fourth straight week
arrow_forward_ios

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

Loading...