An heir to one of the world’s biggest fortunes picked up Jackie Kennedy Onassis’s childhood home on Park Avenue last week.
Jacob M. Safra, the founder of M. Safra & Co. and SPNY Capital LP and son of the late Moise Yacoub Safra, who founded Brazil’s Banco Safra, purchased the duplex at 740 Park Avenue for $25.25 million, according to city property records. The Wall Street Journal originally reported the sale.
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Mr. Safra bought the apartment from David Ganek, founder of the now defunct Level Global Investors, and his wife, Danielle. It was originally listed for $44 million in 2014; Mr. Ganek bought it for $19.1 million in 2005. Mr. Safra last made real estate news in 2015, when he put three Upper East Side townhouses on the market for $120 million. They are no longer listed.
The four-bedroom, six-and-a-half-bathroom apartment, on the sixth and seventh floors, was listed by Serena Boardman and Jeremy Stein of Sotheby’s International and Tal and Oren Alexander of Douglas Elliman. It features a marble entry way, wood-paneled library and a chef’s kitchen designed by St. Charles of New York, according to the listing. The living room overlooks Park Avenue, as does the master suite, which boasts his-and-her marble bathrooms, dressing rooms and offices.
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The classic Park Avenue residence was built in the 1920s by James T. Lee, Kennedy Onassis’s grandfather. Dubbed the "towers of power" by New York magazine, the building is known as one of the most exclusive in Manhattan for both its luxury abodes and the millionaires who live there.
Ms. Boardman and Mr. Safra were not immediately available for comment.