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Jennifer Lopez Selects a New York City Penthouse

BUYER: Jennifer Lopez
LOCATION: New York City, NY
PRICE: $22,500,000 (last asking)
SIZE: 6,540 square feet, 4 bedrooms, 6 full and 2 half bathrooms

YOUR MAMA’S NOTES: After a long and well-documented search for a posh and pricey pad in Manhattan, entrepreneurial showbiz supernova Jennifer Lopez has finally settled — so said the property gossips at the New York Post — for a suburban mini-mansion sized duplex penthouse in a swanky, four-unit boutique building across the street from Madison Square Park. The penthouse was once listed for $25 million but was last on the market for $22.5 million.

The Georgian-style building, originally erected in 1924, offers is handful residents a full-time doorman, a refrigerated package room, key-lock elevators with private elevator landings, a small gym and private storage spaces in the basement. Other residents in the building include: former first daughter Chelsea Clinton and her husband Marc Mezvinsky who, in July 2013, paid $9.25 million for their nearly 5,000-square-foot spread; financial services fat cat John Silvetz and his model wife Wilda Deon Bray who paid $10 million for their nearly 5,000-square-foot spread in July 2013; and NASCAR superstar Jeff Gordon who also paid $10 million for his nearly 5,000-square-foot apartment in August of 2013.

Listing details show the two-story penthouse stretches from street to street — buy Your Mama’s rough and rudimentary calculations it’s more than 180-feet from end to end — with four bedrooms, six full and two half bathrooms and four private terraces that total 3,106 square feet. Property taxes and common charge rack up to a bank account brutalizing $22,522 per month, or $270,264 per year.

In addition to the capacious living room that all alone encompasses more than 1,300 square feet and opens through three arched French doors to the smallest of the four terraces, there’s a 600-ish-square foot lounge on the second level that opens on opposite ends to the two largest terraces. The Italian-made center island kitchen, which is open to the spacious dining room, has two dishwashers, two full-sized refrigerators and two wine fridges that hold more than 100 bottles. Other features of note include rift sawn wide plank oak floors, a slab marble master bathroom larger than most Manhattan studio apartments and a state-of-the-art home automation system.

Miz Lopez, who is reported to be ready to ink a two year, 26.3 million residency deal in Las Vegas, keeps a small but impressive property portfolio that includes (but may not be limited to) a 17,000-plus-square-foot mansion in the guard-gated and celeb-filled Hidden Hills enclave in suburban Los Angeles that she picked up over the summer of 2010 for $8.2 million. Last May (2013), the Bronx-born former fly girl shelled out $9,995,000 for an 8,500-ish-square-foot shingled mansion with 8 bedrooms and 7.5 bathrooms on more than 2.8 high-hedged and fully landscaped acres in the sleepy but fancy Hampton community of Water Mill.

Listing photos and floor plan: Douglas Elliman

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