Real estate developer Leonard Stern has sold his Soho penthouse for $14.7 million. The pocket change should come in handy for a man said to be worth as much as $4.9 billion.
Stern, a philanthropist who endowed the NYU school of business which bears his name, bought the apartment in 2010 for $14.25 million and once asked as much as $17.25 million for it.
Located at 459 West Broadway in lower Manhattan, the penthouse, apartment 6S, has three bedrooms and four and a half bathrooms over 4, 300 square feet of space. The duplex apartment also comes with a 1, 500 square foot roof deck. It offers soaring views facing west over landmarked SoHo.
Its huge living room has 18 foot high ceilings, a picture glass window, and an architectural wood-burning fireplace. The dining has a second fireplace. The penthouse boasts custom walnut cabinetry and bookcases, a Crestron surround sound/lighting/security system, and electronic shades.
The master bedroom has exposed brick and operable wooden shutters. The master bath features a carved soaking tub, Carrera marble, a stall shower, Waterworks Aero fixtures, and radiant heated floors.
There is also a solarium which can be converted into a bedroom, an indoor/outdoor lounge, designer kitchen with separate catering kitchen and pantry, dining room, home office.
Opened in 1920, 459 West Broadway is a yellow building with 10 residential units over 6 stories as well as 2 retail spaces. It features original wood beams and steel columns. The elevator opens directly into the north and south units. There is key-locked elevator entry and video intercom security.
Residents have use of large basement storage rooms. No two loft spaces are alike.