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Ricky Martin Lists Condo in New York City, Buys Mansion in Beverly Hills (EXCLUSIVE)

SELLER: Ricky Martin
LOCATION: New York City, NY
PRICE: $8,400,000
SIZE: 3,147 square feet, 4 bedrooms, 4.5 bathrooms

YOUR MAMA’S NOTES: Puerto Rican pop superstar Ricky Martin is in the mood to shuffle his multi-million dollar residential property portfolio in the United States and not only did he just plunk down $13.5 million for a spec-built contemporary mansion in Beverly Hills — more on that in a minute — he also owns a New York City condo that he’s got up for sale at $8.4 million.

The two-time Grammy-winning bon-bon shaker, who recently announced his engagement to Syria-born, Sweden-bred and London-based conceptual artist Jwan Yosef, purchased the house-sized condo in a luxury complex that overlooks Carl Schurz Park in the arguably unfashionable upper reaches of the Upper East Side in November 2012 for $5.9 million. Current listing details show the mid-floor two-unit combination condo has four bedrooms and 4.5 bathrooms in 3,147-square-feet. A generous foyer leads to a 675-square-foot combination living/dining room with rift cut white oak parquet flooring and gigantic 10-foot tall floor-to-ceiling windows while the eat-in kitchen is outfitted with inlaid marble tile flooring and Swiss quartzite counter tops on glossy Peter Marino-designed cabinetry. Just off the foyer there’s a long and slender study/office and there are two en suite guest/family bedrooms, one each end of the apartment, as well as two master suites, both with marble bathrooms and walk-in closets. Residents of the luxury complex pay horse choking fees — monthly taxes and common charges come to $6,972 for Mister Martin’s pad per listing details — and are treated to a broad and pampering range of services and amenities that include 24-hour doorman and concierge services, an on-site parking garage, a screening room, a billiards room, a library paneled in cerused oak, a landscaped courtyard, and a state-of-the-art fitness facility that includes Pilates and yoga studios, a squash court, and a golf simulator.

Though we first heard word via covert communiqué over the Turkey Day holiday from someone who called himself Wild Bill, good ol’ real estate yenta Yolanda Yakketyyak was the first to suss out that Mister Martin forked over $13.5 million for a brand spanking new contemporary mansion in a plummy pocket of Beverly Hills. The sprawling mansion, a low-slung two story-spread set behind a high wall and positioned well below the street for maximum privacy on just over three-quarters of an acre, was first listed in May (2016) with an overly optimistic $16.9 million price tag that eventually tumbled to $13.8 million before Mister Martin came along and snatched it up for three-hundred grand below asking. The house measures in at around 11,300-square-feet, according to listing details, with seven bedrooms and 8.5 bathrooms. In addition to a vast combination living/dining room with fireplace and long wall of floor-to-ceiling windows and glass sliders, there are a couple additional sitting rooms and a chef-friendly eat-in kitchen with adjoining family room with wet bar and an adjoining outdoor living room with fireplace. Secreted away on the home’s lower level, there’s also a screening room and separate lounge with wet bar and walk-in wine storage room. The boxy, long and low-slung residence overlooks nearly an acre of both landscaped and wooded grounds and opens through a series of floor-to-ceiling glass sliders to an al fresco dining terrace, an outdoor kitchen and an infinity edged swimming pool.

Mister Martin is certainly no stranger to property gossip columns and over the years has been reported to own a substantial home in Dorado, Puerto Rico, a villa in Madrid, and a private island off the coast of Rio de Janeiro. He previously owned another condo in New York City’s Noho neighborhood that was sold in July 2015 for $7.55 million — he bought it in 2007 for $5.7 million — as well as a number of homes in and around Miami Beach, Florida. As far as this property gossip knows he hasn’t owned a home in Los Angeles since 2006 when he sold a 9,202-square-foot mansion in Beverly Hills for $15 million.

listing photos and floor plan (New York City): Douglas Elliman
listing photos (Beverly Hills): Teles Properties

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