Zayn Malik sells Soho penthouse at a loss

The former One Direction star bought the property for $10.7M in 2018

TRD New York /
Jan.January 02, 2020 03:35 PM
Zayn Malik and the penthouse at 57 Greene Street (Credit: Getty Images and StreetEasy)

Zayn Malik and the penthouse at 57 Greene Street (Credit: Getty Images and StreetEasy)

Zayn Malik is going in a new direction.

The 26-year-old singer, who gained international stardom as a member of British boy band One Direction, has sold his penthouse apartment at 57-63 Greene Street for $9.45 million, property records show.

The seller was listed as “Drop Zed Properties NYC, LLC.” Malik was identified as the person behind the LLC when he purchased the property for $10.7 million in 2018. The buyer is named as a trust whose listed representative, Alan Halperin, declined to comment.

It is the second time in recent months that Malik has sold a property at a loss. The star reportedly offloaded his 2,332-square-foot Los Angeles compound for $2.94 million in October, down from the $3.1 million he paid for it in 2015.

The New York property, which Malik purchased following his breakup from supermodel Gigi Hadid, spans 3,597 square feet and features four bedrooms, four bathrooms and a custom steel staircase, according to StreetEasy.

The unit, asking $10.2 million, went into contract on Oct. 30 and closed on Dec. 19.

Amanda Hudson of Dallien Realty had the listing. She could not be reached for comment.

Malik left One Direction in 2015. The band is reportedly mulling a reunion this year, but Malik is not expected to join.


Related Articles

arrow_forward_ios
From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)

Luxury real estate anyone? US Open stars and their palatial pads

Luxury real estate anyone? US Open stars and their palatial pads
Lena Dunham and 60 Broadway (Credit: Getty Images)

Lena Dunham’s “massive real estate mistake”

Lena Dunham’s “massive real estate mistake”
All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
ButterflyMX CEO Cyrus Claffey (iStock; ButterflyMX)

ButterflyMX raises $35M to grow smart-intercom business

ButterflyMX raises $35M to grow smart-intercom business
76 Schermerhorn Street and 378 5th Street in Brooklyn (Photos via The Symon and StreetEasy)

It’s just one week, but Brooklyn luxury contract signings fell 50%

It’s just one week, but Brooklyn luxury contract signings fell 50%
565 Broome Street and 35 North Moore Street (Photos via 565BroomeSoHo and Google Maps)

Manhattan sees highest number of luxury contracts signed since early March

Manhattan sees highest number of luxury contracts signed since early March
(Photo courtesy of Winkworth)

London’s so-called skinniest home hits the market

London’s so-called skinniest home hits the market
(iStock)

Déjà vu: New home sales hit 14-year high in August

Déjà vu: New home sales hit 14-year high in August
arrow_forward_ios

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

Loading...