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Real Estate

Sotheby’s selling Rabin’s former penthouse report

The Tel Aviv property is currently owned by Adv. Adi Levit, who bought it in 2004 for an estimated $2.18 million.

Yitzhak Rabin penthouse screen shot

The most sentimental value penthouse in Tel Aviv, formerly owned by late Prime Minister Yitzhak Rabin and his wife, Leah, is being offered for sale for NIS 20 million ($5.15 million) by the Sotheby’s Israel agency,  Channel 10 has reported.

The apartment in the Neve Avivim neighborhood, currently owned by Adv. Adi Levit, measures 226 square meters, with three bedrooms and three bathrooms. Levit bought the penthouse in 2004 for an estimated NIS 8.5 million ($2.18 million); after renovations, its value went up to NIS 18 million ($4.63 million)   .

As reported by Globes: “Levit was completely unaware that the apartment had been offered for sale. When a Channel 10 reporter asked him for details, he became angry upon hearing the report. When the reporter visited the Sotheby’s Israel agency, they hesitated and did not disclose particulars about the property, saying merely that they would ‘get back to him’.”

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