Real estate mogul’s NYC penthouse sells in a $21M all-cash deal

Real Estate

A custom three-story home built on the top of a chic Upper East Side building has sold for $21 million in a speedy all-cash deal.

The buyer, we hear, is a local hedge funder with three kids who attend school in the neighborhood.

The seller is real estate mogul Rodney Propp, who paid $20.37 million for the home in 2018.

The seven-bedroom triplex penthouse, at 360 E. 89th St., hit the market for $22.5 million in late April and took just three weeks to find a buyer. The deal closed on July 11, sources say.

The Yorkville triplex was designed by AD100 firm SheltonMindel, and it made the pages of a shelter mag, which called it a “fairy tale.” Although it was supposed to be a safe landing space for a “Brady Bunch”-style blended family, the marriage ultimately didn’t last long past the move-in date.

The home comes with a chef’s kitchen, a formal dining room, a media room, two home offices and a 2,529-square-foot wrap terrace. Design details include white oak plank floors — and a double-height, 22-foot-high living room with glass walls, and a concrete and blackened-steel fireplace with a concealed media screen. 


Posed shot of Rodney Propp.
Real estate mogul Rodney Propp was the seller.
Reed Krakoff

One of seven bedrooms inside.
One of seven bedrooms inside the East 89th Street penthouse.
Lena Yaremenko

Interior of the chef's kitchen.
There’s an eat-in chef’s kitchen with city views.
Lena Yaremenko

A reading and dining area.
Light comes in through massive glass exposures.
Lena Yaremenko

The double-height living room.
The living room has double-height, 22-foot-tall ceilings.
Lena Yaremenko

Exterior of the home's wrap terrace.
Outside, the new owner has a 2,529-square-foot wraparound terrace.
Lena Yaremenko

A top-floor bedroom suite features a spa-like bath and a yoga room. The building, known as Citizen360, comes with a gym, a lounge, a spa, an art studio and a music room — all in a 34-story, 82-unit building that was completed in 2017.

The listing broker was Official’s Tal Alexander. 

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