Justin Timberlake and Jessica Biel have quietly sold their sprawling celebrity hotspot penthouse for a whopping sum, making a nearly $10m profit.
Justin Timberlake and Jessica Biel have quietly sold their sprawling Manhattan penthouse for a whopping $40.6 million (US$29m, according to The Post.
The sale closed late in 2021, according to property records, but the residence never hit the market. The transaction was done behind closed doors in an off-market deal.
Timberlake, 40, and Biel, 39, purchased the four-bedroom, four-and-a-half-bathroom Tribeca penthouse in 2017 for US$20.2 million.
Now, the power couple is walking away with a hefty profit from the sale, which was first reported by the Wall Street Journal.
The building, 443 Greenwich St., is well-known to be a celebrity hotspot.
Harry Styles, Rebel Wilson and Jake Gyllenhaal currently live there, perhaps due to its key amenity: privacy.
The building is hailed for being “paparazzi-proof,” with features including door-to-door cover via its drive-in, drive-out underground parking garage and valet, and a second lobby for residents wishing to take private elevators.
The building also offers a combination of historic architectural elements enhanced with the latest in luxury amenities.
The private-entry foyer features custom metal wall panels and 20cm-wide board white oak floors that extend throughout the space.
Spanning 500 sqm, Timberlake and Biel’s former residence features a private terrace, an entertainment room and a chef’s kitchen with top-of-the-line appliances.
The custom kitchen, designed by Christopher Peacock, is encased in wood and glass cabinetry with 5cm-thick Calacatta marble on the kitchen islands.
They include two sinks, dual dishwashers, six-burner Wolf ranges with grill tops, side-by-side Sub-Zero refrigerator-freezers and a Gaggenau wine refrigerator with 70-bottle capacity.
Photos show the open living spaces decked out with wood beams and arched windows.
Amenities of the luxury building include a 22m indoor swimming pool, children’s playroom, huge 470 sqm landscaped roof terrace, a fitness centre, private fitness studios and both men’s and women’s locker rooms with an adjacent Turkish bath.
The mystery buyer is listed as Menemshovitz NY Realty Inc., which is the same company behind a record-smashing sale of Soho’s 419-421 Broome St. — the 19th-century cast-iron building where the actor Heath Ledger died in his rented loft in 2008. The home sold for US$49 million in November 2021.
Menemshovitz NY Realty also purchased the vacation home the Obama family had rented for three summers in Martha’s Vineyard, Massachusetts, in 2018.
The singer and the actress also have properties in Los Angeles, Montana and Tennessee. In October, they put their expansive Los Angeles compound, situated on 10 acres, on the market for US$35 million.
In 2018, they took a loss selling another NYC penthouse in Soho.
Parts of this article first appeared in The Post and were republished with permission.