Ricky Martin might’ve gotten a bit too optimistic about Yorkville‘s Second Avenue Subway-influenced real estate boom, as Mansion Global reports that he’s chopped the price of his condo at 170 East End Avenue from $8.4 million to $7.1 million after just five months. This isn’t the first time the Latin pop star has had trouble unloading NYC real estate; in 2012 he put his condo in Noho’s 40 Bond on the rental market for $28,000/month. In 2014, he listed it for $8.3 million, but it didn’t find a buyer until a year and half later when it sold for the reduced price of $7.55 million.
The 3,147-square-foot apartment has four bedrooms (two of which are master suites that boast six-foot soaking tubs in their bathrooms), a floor-through layout, 24′ x 28′ living/dining room, eat-in kitchen designed by building architect Peter Marino, 10-foot floor-to-ceiling windows, white oak parquet floors, and a separate service entrance with a mud room.
The luxury condo overlooks Carl Schurz Park and offers amenities that include a landscaped garden, children’s playroom, laundry, attended lobby, fitness center and health club, and on-site parking.
Martin bought the apartment for $5.9 million in 2012, but he may want to fast track the sale since he recently dropped $13.5 million on a swanky Beverly Hills home.
[Via Mansion Global]
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Images via Douglas Elliman