The priciest penthouse at celebrity-favored 443 Greenwich St. has closed for a 25% discount—dashing speculation that it could break a downtown Manhattan price record.
The 8,569-square-foot apartment, which sits atop a Tribeca bindery developer Metro Loft converted to luxury homes in 2014, ended up selling for $43.788 million—more than $14 million off the last asking price of $58 million, according to property records. The buyer is an individual who plans to use the home as a primary residence, Mansion Global has learned—though the mystery buyer is listed in records only as New York City-based Hudson River 443 Development LLC.
More:432 Park Avenue Leads Luxury Real Estate in Another Strong Week
The home was priced to be the most expensive unit ever sold in Downtown Manhattan since hitting the market in 2014 for $51 million.
Since then, the building’s optimistic developers even raised the asking price by $7 million over the years as the popular building sold off most of its unit to high-profile celebrities in quick succession.
But the final sale price fell short of record-setting status. The title still goes to a penthouse at Chelsea’s Walker Tower at 212 West 18th St., which sold for $50.9 million in 2014.
However, the five-bedroom triplex is still the building’s superlative penthouse.
It has eight bathrooms, a double-height great room, a library and two terraces—one with a private pool—according to the former listing with agency Cantor & Pecorella.
From Penta:102-Carat Flawless Diamond Breaks Sale Record
It also comes with access to the building’s amenities, including a valet, a 71-foot indoor swimming pool, a playroom, a landscaped roof terrace and a fitness center.
At a cost of $5,110 per square foot, the price of the apartment blows the Tribeca average out of the park. The average home in the area costs $2,019 per square foot, according to Trulia.