The Real Deal New York

Bye, bye, bye! Justin Timberlake has offloaded his Soho PH — for a small loss

The unit had four price cuts before selling
By Meenal Vamburkar | December 20, 2018 04:00PM

311 West Broadway with Justin Timberlake and Jessica Biel (Credit: Getty Images)

It might sound crazy, but it ain’t no lie: after several price cuts, Justin Timberlake and Jessica Biel have said bye, bye, bye to their penthouse at Soho Mews.
The home at 311 West Broadway sold for $6.35 million, in line with the last asking price, according to records filed with New York City’s Department of Finance. The couple, who had enough, bought the unit for $6.5 million in 2010.

The anonymous buyer is listed in property records as “Hudson Broadway LLC.”

The home hit the market in March, with an initial asking price of $7.99 million. It went into contract four price cuts later, when the final offer hit them with the truth. Stribling’s Jared Seligman and Evan Danzig had the listing.

The penthouse spans about 2,500 square feet, with a 853-square-foot terrace. The unit has floor-to-ceiling windows, custom wood paneling and an electronic shade system — along with an attached parking garage and alternate entrance on Wooster Street.

Timberlake and Biel sought to sell the unit after purchasing a $20 million penthouse at 443 Greenwich Street last year. The building has attracted celebrities including Hollywood couple Ryan Reynolds and Blake Lively as well as actress Jennifer Lawrence.