Adam Neumann Sells Greenwich Village SFR For $13.65M

Located in Greenwich Village, the property at 41 West 11th Street recently changed hands in a sale transaction. The single-family residential (SFR) asset is spread across 5,411 square feet. The property was sold by Adam Neumann, the co-founder and former CEO of WeWork, for a price of $13,650,000. This translates to a price per square foot of $2,522. It is worth noting that the property's previous sale took place in November 2013 for $10,500,000.

Summary of transation details

• Property Type: SFR
• Transaction Amount: $13,650,000
• Square Feet: 5,411
• Price per Square Foot: $2,522
• Last Sale Price: $10,500,000 (11/2013)

Adam Neumann, an Israeli entrepreneur, was the seller of the property. Neumann, who co-founded WeWork, holds an estimated net worth of $750 million, according to Forbes. The sale of this property is significant given Neumann's involvement in the global co-working space company.