The Real Deal New York

Steve Cohen’s $33.5M triplex found a buyer. In just 35 days.

Hedge-funder paid $23.4M for West Village condo in 2013
By E.B. Solomont | March 12, 2019 12:00PM

320 West 12th Street and Steve Cohen (Credit: Point72 and Christie’s)

Embattled hedge funder Steve Cohen has found a buyer for his $33.5 million West Village condo. And unlike his penthouse at One Beacon Court, which has lingered on the market for six years, this deal took just 35 days.

Cohen, the founder of Point72 Asset Management LP, listed the triplex at 320 West 12th Street in early February.

Spanning 9,600 square feet, it was priced at $3,489 per foot. Features include a 1,200-square-foot master suite and private courtyard. Listing broker Erin Boisson Aries of Christies International Real Estate Group did not immediately comment.

Records show Cohen paid $23.4 million for the pad in 2013. In the listing photos, his art collection was intentionally blurred out. He is a well-known art collector, and his $1 billion collection includes works from artist Damien Hirst and others.

Cohen is also trying to sell his duplex penthouse at One Beacon Place, which was initially asking $115 million in 2013. It was relisted in January at $45 million with Douglas Elliman’s Richard Steinberg. Cohen bought the 9,000-square-foot condo for $24 million in 2005.

In 2013, Cohen’s hedge fund S.A.C. Capital pleaded guilty to insider trading and agreed to pay a $1.2 billion fine.