Sarah Jessica Parker Drops a Bundle on Two New York City Townhouses

BUYERS: Sarah Jessica Parker and Matthew Broderick
LOCATION: New York City, NY
PRICE: $34,500,000
SIZE: 13,900 square feet (total)

YOUR MAMA’S NOTES: Long-married showbiz veterans Sarah Jessica Parker and Matthew Broderick have significantly up-sized their living situation, as was first revealed by the plugged in property gossips at The Real Deal, with the deep-pocketed $34.5 million purchase of two side-by-side townhouses on a prime, tree-lined block in the heart of New York City’s once bohemian now fully fancified and wildly pricey West Village. Owned since the early 1920s by the United Methodist Women nonprofit organization and just steps from the delicious and sometimes tourist thronged Magnolia Bakery, the turn of the 20th century red brick townhouses were originally made available for purchase in the fall of 2015 and at the time there was speculation they might fetch as much as $44 million. They were last priced, according to digital listings, at $34.5 million. Presumably the Broderick-Parkers will spend a small fortune to upgrade and combine the townhouses that together have 50-feet of street frontage and encompass a suburban mansion sized 13,900-square-feet with another 2,100-square-feet of private outdoor space.

Parker, who stars in the upcoming HBO series “Divorce,” and Broderick, who will appear in the upcoming Warren Beatty written and directed film “Rules Don’t Apply,” previously owned another West Village townhouse just off lower Fifth Avenue’s Gold Coast they purchased in 2011 for $18.995 million, extensively renovated, put up for sale in June 2014 for $24.995 million, and sold almost exactly a year later for $18.25 million, a nearly three-quarter million dollar loss not counting carrying costs, renovation expenses and real estate fees. There are reports they dropped four million bucks on a brand new townhouse-type property in Brooklyn Heights a couple of years ago, although we have no direct knowledge of such a purchase, but it does appear from a careful examination of various property record databases the couple continues to own a 4,182-square-foot West Village townhouse acquired in April 2000 for $2,995,000 as well as two modestly sized neighboring homes in the historic Hamptons hamlet of Amagansett — one of them beach front and the other not — bought in two separate transactions over the summer of 2005 for a total of $6.6 million.

listing photos: Eastern Consolidated (via Curbed)

Filed Under:

Post A Comment 8

Leave a Reply


Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Samuel says:

    I could’ve sworn they had split up. Hmm..

    • Alicat says:

      I think you are right. Will probably live side by side in the townhouses, so that the children and come and go.

  2. Me says:

    She is such a Yenta. They will loose money on this as well if they paid even close to ask.

  3. Cem says:

    While they still did lose money on it— they purchased the other townhouse COMPLETELY RENOVATED and barely did anything to it while they owned it.

  4. runtheball says:

    How the F do two B list actors have that kind of money?

  5. Dunstan says:

    Another classic case of “too much money and we don’t know what to do with it.”

More Dirt News from Variety