Witkoff’s 150 Charles notches $39M sale

Unit PHB sold to unknown buyer for $8,350 psf

A photo illustration of Steve Witkoff and 150 Charles Street (Getty, The Real Deal, Google Maps)
A photo illustration of Steve Witkoff and 150 Charles Street (Getty, The Real Deal, Google Maps)

Steve Witkoff nabbed another lofty penthouse sale at 150 Charles Street.

Unit PHB sold for $38.5 million, or $8,350 per square foot, to an unknown buyer in an off-market deal, according to public records. Attorney Bettina Miraglia represented the buyer’s LLC in the sale. 

The apartment is the latest trade at the West Village condo, where another penthouse scored an eye-popping $52 million, or $11,500 per square foot, last month. The sellers of PHB were represented by Douglas Elliman’s Maria Elena Scotto and the buyers represented by Erica Miller from Cantor Pecorella.

The 4,600-square-foot penthouse formerly belonged to Witkoff, who paid $24 million in 2016 to keep the apartment for himself. Three years later, the developer sold it to an unknown buyer for $32 million. 

Douglas Elliman’s Madeline Hunt Elghanayan represented Witkoff in the 2016 deal, and Corcoran’s Peter Zaitzeff had the listing, according to Streeteasy. 

The apartment has five bedrooms, five bathrooms and over 2,500 square feet of outdoor terraces. Amenities at the 15-story condo include a motor court, parking garage, pool, sauna, steam room and fitness center. 

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Witkoff sold all 91 units at the condo just 12 weeks after launching sales in 2013. Two years later, the developer offered buyers the option to flip their contracts for a 10 percent cut of the sales. 

The building has attracted a pool of notable buyers, including Ben Stiller, Jon Bon Jovi, Irina Shayk and Douglas Elliman’s John Gomes.

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Prices in downtown Manhattan hit new peaks

Witkoff’s most recent sale comes as price points for downtown condos are reaching new heights. The other penthouse at 150 Charles, unit PHA, notched a price per square foot on par with some Billionaires’ Row supertalls, such as Vornado’s 220 Central Park South and Singapore’s Pontiac Land Group’s 53 West 53rd Street.

The deals at 150 Charles Street follow other big-ticket closings in Lower Manhattan, including a 10,000-square-foot penthouse at 151 Wooster Street. The Soho apartment sold for $50 million, though the price per square foot was less than half of unit PHA at Witkoff’s West Village condo.  

This article has been updated with broker information for the sale of PHB.

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