Steve Cohen Sells Sutton Place Penthouse For $29.5M

Located at 151 East 58th Street in Sutton Place, this residential condo was recently sold in a closed transaction. The property, with a total area of 9,000 square feet, was sold by hedge fund tycoon Steve Cohen. The asking price for the duplex penthouse was $29,500,000, resulting in a price per square foot of $3,277. It is worth mentioning that this property was previously listed for sale by Cohen in 2013, with an initial asking price of $115 million.

Summary of transaction details:

• Property Type: Residential Condo
• Transaction Amount: $29,500,000
• Address: 151 East 58th Street, Sutton Place
• Square Footage: 9,000 sqft

In this transaction, Steve Cohen was represented by brokers Jonathan Gasthalter and Erin Boisson Aries from Christie's Real Estate. The development of this property was carried out by Vornado Realty Trust, and the design was executed by Gwathmey Siegel. Additionally, it is interesting to note that Steve Cohen, with a net worth of $16 billion, also purchased the New York Mets in 2020 for a staggering $2.4 billion.

The most recent sale of this property prior to the current transaction took place in 2005, with a sale price of $24,000,000.