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.
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.
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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.
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