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117 East 69th Street
SOLD

James Murdoch Sells Lenox Hill SFR For $30M

117 East 69th Street

Single Family Residence
11,281 SF
clock iconSold 1 year ago
Beth Benalloul
Sammy Benalloul
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Summary

Sale
NEW YORK
Single Family Residence
11,281 sqft

Located in the Lenox Hill neighborhood, the property at 117 East 69th Street recently changed hands in a closed sale transaction. The single-family residence spans a total area of 11,281 square feet, offering ample space for comfortable living. The property was sold by James Murdoch, the former CEO/Chairman for News Corp. in Europe & Asia. The transaction took place on December 31, 2020, at a sale price of $30,000,000. This translates to a price per square foot of $2,659, showcasing the valuable nature of the property.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $30,000,000
  • Square Footage: 11,281
  • Address: 117 East 69th Street
  • Market: Lenox Hill

This significant sale transaction marked the successful transfer of ownership for James Murdoch's SFR asset. It is worth mentioning that this transaction represents a considerable increase in value compared to the last sale in March 2011, which recorded a purchase price of $23,000,000.

James Murdoch, the seller in this transaction, is well-known for his role as the former CEO/Chairman for News Corp. in Europe & Asia. He is the fourth child of billionaire media mogul Rupert Murdoch, whose current net worth is valued at approximately $16.3 billion. The impressive nature of this transaction further highlights the success and prominence of James Murdoch in the business world.

Players

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  • Agents

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  • Agencies

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Beth Benalloul's profile picture
Beth Benalloul
The Corcoran Group-image
Licensed Associate Real Estate Broker
$48.2M Sold

Details

Deal Summary
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SOLD
IMAGE: James Murdoch DATE: 12/31/2020 ADDRESS: 117 East 69th Street MARKET: Lenox Hill ASSET TYPE: SFR SELLER: James Murdoch PRICE: $30,000,000 SF: 11,281 ~ PPSF: $2,659 LAST SALE: $23,000,000 (03/2011) FUN FACT: James Murdoch, (the former CEO/Chairman for News Corp. in Europe & Asia) is the fourth child of billionaire media mogul Rupert Murdoch, whose current net worth is valued at approx. $16.3.3B. 👀

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Address117 East 69th Street

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