+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Jeff Bezos reportedly now owns $119 million worth of real estate in a single building in New York City

Aug 19, 2021, 00:23 IST
Business Insider
Jeff Bezos, founder of Amazon and space-tourism company Blue Origin, participates in post-launch briefing near Van Horn, Texas on July 20, 2021. Tony Gutierrez/AP
  • Jeff Bezos purchased a $23 million condo in New York City, according to The New York Post.
  • The unit, located at 212 Fifth Avenue, is the fifth he's purchased in that building.
  • It brings his total holdings in the building to $119 million.
Advertisement

Jeff Bezos' sprawling New York City home just got even bigger.

The Amazon and Blue Origin founder paid $23 million for a 4,155-square-foot condo inside 212 Fifth Avenue, the high-rise building where he owns four other units, according to the New York Post's Jennifer Gould.

The four-bedroom, four-bathroom unit has marble floors and oversized windows, the Post reports, and has views of the World Trade Center and nearby Madison Square Park. The building's amenities include a fitness center, a golf simulator, a game room, and a movie-screening room, according to the property's website.

Bezos isn't listed on the deed - the unit was sold to a holding company, Gramercy Hudson LLC - but the holding company is represented by Seattle-based law firm Perkins Coie, which counts Amazon as a client. The deal was agreed to at the end of July and closed earlier this month, according to property records filed with the city, which were spotted by The Real Deal.

A spokesperson for Bezos did not immediately respond to Insider's request for comment.

Advertisement

Read more: Amazon loses another VP, who served as Jeff Bezos's last 'shadow' advisor, as executive exodus continues

Bezos already owns $96 million worth of real estate in 212 Fifth Avenue: a penthouse unit, two apartments below it, and a $16 million condo he bought in April 2020. By purchasing the new unit, Bezos now owns $119 million worth of real estate in a single building overlooking New York's Madison Square Park. Bezos' eventual goal is to combine the units into one mansion, according to the Post.

Since his divorce from MacKenzie Scott in 2019, Bezos has been amassing a record-breaking real estate portfolio. In February 2020, he purchased the Warner estate, a piece of Hollywood history that previously belonged to billionaire David Geffen. The $165 million sale was the most expensive home sale in California state history, and Bezos later added a $10 million home next door, according to Variety, creating a massive, $175 million compound.

Bezos previously purchased the former Textile Museum in Washington, DC, for $23 million, owns four condos in a building on Manhattan's Upper West Side that overlooks Central Park, and has property in Seattle and Texas.

The e-commerce mogul, who stepped down from the helm of Amazon in July, is worth $189 billion, making him the richest person in the world.

Advertisement
Next Article