Chairman and President of The Trump Organization, Donald Trump is known to don many roles, the latest being a candidate for the Republican presidential nomination. The 69 year old real estate mogul and billionaire has just offloaded his penthouse in New York’s Trump Park Avenue building for $21 million.
Located on the 24th floor of the 32-story building, the 6,200-square-foot condo has five bedrooms and seven bathrooms along with a powder room. According to real estate listing agent Michelle Griffith, the newest presidential candidate has been the first and only owner of the unit on Park Avenue at 59th Street. However, he has never resided there.
The large penthouse with 10-foot ceilings had hit the market for $35 million in 2013 and was last offered at $24.995 million. The house was also offered to rent out for more than $80,000 a month.
Though the buyer’s identity is kept under wraps, it is known that it was purchased by a couple residing in the U.S. who own other homes in the country.
Ivanka Trump, executive vice president of development and acquisitions of the Trump Organization and Mr. Trump’s daughter, confirmed the sale. She also clarified that the sale has nothing to do with political fundraising.
Mr. Trump upped the sale in his favor by stating that it “is a testament to the building, its incredible location and the strength of the Trump Brand.”
WSJ
