Amazon’s Jeff Bezos pays $80M at 212 Fifth

The building's penthouse was last priced at $58M

New York /
Jun.June 04, 2019 01:28 PM
Amazon CEO Jeff Bezos and 212 Fifth Avenue (Credit: Getty Images)

Amazon CEO Jeff Bezos and 212 Fifth Avenue (Credit: Getty Images)

Amazon may have scrapped plans for a campus in New York City, but CEO Jeff Bezos is still very, very bullish on Manhattan.

The e-commerce chief is paying nearly $80 million for a three-unit spread at 212 Fifth Avenue, sources told the Wall Street Journal, in the priciest deal to date below 42nd Street.

Bezos’ purchase reportedly includes the building’s top penthouse — once asking $74 million. The unit was last priced at $58 million, following several price cuts. The two units a floor below sold for $28.45 million to an entity called Madison Square Park LLC, records show. But the exact price of the total deal wasn’t clear because the penthouse purchase hasn’t hit records yet.

If combined into a single-family home, it will span 17,000 square feet with 12 bedrooms.

A spokesperson for Bezos — reportedly worth $106 billion — did not comment on the purchase. Bezos, who is divorcing longtime wife MacKenzie Bezos, purchased a sprawling pad at 25 Central Park West in the 1990s.

At 212 Fifth, Brown Harris Stevens’ John Burger represented Bezos. Sotheby’s International Realty’s Nikki Field represented developers Madison Equities, Building and Land Technology and Thor Equities. [WSJ] – E.B. Solomont

Read this next: 

Lightstone CEO calls Amazon’s pullout the “worst day for NYC since 9-11”

Long Island City insists it has a future, even without Amazon


Related Articles

arrow_forward_ios
Michael Fulfree and Bianca D’Alessio of Nest Seekers International (Nest Seekers)
They can sell the Hamptons. But can they sell “Selling the Hamptons”?
They can sell the Hamptons. But can they sell “Selling the Hamptons”?
From left: Ryan Johnson and Jeff Berens, co-founders of Culdesac, in front of a rendering of Culdesac Tempe (Culdesac, iStock)
Startup that wants to build car-free cities raises $30M Series A
Startup that wants to build car-free cities raises $30M Series A
Eviction problems hit NJ, NY after moratoriums lift
Eviction problems hit NJ, NY after moratoriums lift
Eviction problems hit NJ, NY after moratoriums lift
(iStock/Illustration by Kevin Rebong for The Real Deal)
Existing home sales hit 15-year high in 2021
Existing home sales hit 15-year high in 2021
Joseph Tsai, executive vice chairman, Alibaba (Getty Images, LoopNet, iStock)
Office behind Joseph Tsai revealed as buyer in 220 Central Park South megadeal
Office behind Joseph Tsai revealed as buyer in 220 Central Park South megadeal
1107 Fifth Avenue and Richard Eisner (CityRealty, The New Jewish Home)
EisnerAmper co-founder sells Carnegie Hill co-op for $35M
EisnerAmper co-founder sells Carnegie Hill co-op for $35M
A photo illustration of Vishal Garg, chief executive officer, Better.com (Better.com, iStock)
Better.com CEO returns to role after Zoom layoffs controversy
Better.com CEO returns to role after Zoom layoffs controversy
(iStock/Illustration by Steven Dilakian for The Real Deal)
Black mortgage applicants’ rejection disparity surges
Black mortgage applicants’ rejection disparity surges
arrow_forward_ios

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

Loading...