Alex Sapir is cutting his ties to New York — and just listed his West Chelsea apartment

The real estate mogul moved to Miami over the winter break

TRD New York /
Jan.January 31, 2019 09:00 AM

Alex Sapir in Miami with 447 West 18th Street in the background (Credit: Steve Cadman via Flickr, Getty Images, and Google Maps)

Alex Sapir, the formerly New York-based real estate mogul, has listed his West Chelsea apartment for $11.5 million.

The five-bedroom pad at 447 West 18th Street, known as Chelsea Modern, spans 3,950 square feet and has views of the Hudson River. He bought the apartment in 2014 for $9.4 million, according to the New York Post.

Sapir, who is the son of late Russian-born developer Tamir Sapir and now leads Sapir Corp., a publicly traded Israeli investment company, has been gradually building out his portfolio in Miami, where he moved over the past few weeks.

Last September, TRD detailed Sapir’s new purchases in South Florida, including a 1.7 million-square-foot mixed-use development in Miami’s Arts & Entertainment District. He also paid $17 million waterfront home in Miami Beach’s Venetian Islands. [NYP] — David Jeans 

Related Articles

From left: Rotem Rosen, Zina Sapir, Tamir Sapir, Bella Sapir, Elena Sapir, and Alex Sapir (Credit: Getty Images)

Alex Sapir accused of mismanaging family fortune amid feud with Rotem Rosen

Sapir Corp. posts $7M loss in first quarter
of 2019

Alex Sapir borrows from father’s estate to pay off Israeli bonds

Alex Sapir’s massive Opportunity Zone site in Miami hits the market

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest