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

The unit had four price cuts before selling

New York /
Dec.December 20, 2018 04:00 PM

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.


Related Articles

arrow_forward_ios
Houston House at 298 East 2nd Street and Matt Lee (Houston House, LinkedIn)
Developer Matt Lee to auction off East Village condo
Developer Matt Lee to auction off East Village condo
Michael Stern and Walker Tower unit 15B (JDS, Google Maps)
Michael Stern’s Walker Tower pad sells for 24% under ask
Michael Stern’s Walker Tower pad sells for 24% under ask
Homebuilding is largely responsible for the increase in construction spending. (Getty / Photo Illustration for The Real Deal)
Construction spending hits new record in January
Construction spending hits new record in January
A Columbus Circle apartment once owned by Tom Brady and Gisele Bundchen  went into contract last week, helping the Manhattan luxury home market finish February on a high note. 551 West 21st Street on the right. (Photos via Compass, Getty, Foster and Partners)
Manhattan luxury market has best month in six years
Manhattan luxury market has best month in six years
(iStock/Illustration by Kevin Rebong for The Real Deal)
These are real estate executives’ worst worries for 2021
These are real estate executives’ worst worries for 2021
Richard Lampen and Howard Lorber (Vector Group)
Calling all founders: Howard Lorber’s Vector Group launches VC arm
Calling all founders: Howard Lorber’s Vector Group launches VC arm
Bryan Cranston and his California beach house (Getty, Realtor)
“Breaking” news: Bryan Cranston lists eco-friendly SoCal beach pad
“Breaking” news: Bryan Cranston lists eco-friendly SoCal beach pad
RE/MAX CEO Adam Contos (Facebook)
RE/MAX revenue ticks up in Q4 but profit sinks
RE/MAX revenue ticks up in Q4 but profit sinks
arrow_forward_ios

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

Loading...