Jennifer Lopez Cashes Out: Manhattan Penthouse Sells for $23 Million After 7-Year Listing

Pop icon and business mogul Jennifer Lopez has finally unloaded her Manhattan penthouse, netting $23 million in a long-awaited deal that closes a protracted chapter in her real estate portfolio. The sale of the Madison Square Park property, confirmed by city records, comes seven years after the multi-hyphenate star first listed it on the market.

The luxurious duplex, situated at 21 E. 26th St., spans an impressive 6,540 square feet. Boasting four bedrooms and 6½ bathrooms, the property’s true crown jewel is its expansive outdoor space—nearly 3,000 square feet spread across four terraces on two levels. This urban oasis features unique amenities including a croquet pitch, a landscaped roof deck, and a putting green, offering a rare combination of space and privacy in the heart of New York City.

Lopez acquired the property in 2014 for $20.1 million, initially listing it in 2017 at $26.95 million. The journey to sale was marked by market fluctuations, with the penthouse appearing intermittently on listings under two separate brokerages before securing a buyer.

The penthouse resides in an exclusive six-story, neo-Georgian building housing only four units. Notable neighbors include Chelsea Clinton and her family, who occupy the floor below. The building has attracted other high-profile residents, including four-time NASCAR Cup Series champion Jeff Gordon and media mogul Dan Abrams.

Architectural highlights of the Lopez residence include soaring 12-foot-6-inch ceilings, pristine white oak floors, and a private keyed elevator opening into a great room adorned with a skylight and Palladian-style windows. The main floor showcases a state-of-the-art chef’s kitchen, complete with a breakfast bar and two wine fridges capable of storing over 100 bottles. A guest wing featuring three en-suite bedrooms rounds out this level.

The upper floor houses the primary suite, boasting two spa-like bathrooms, a spacious dressing room, and two private terraces. A media room with terrace access adds to the penthouse’s entertainment appeal.

This high-profile real estate transaction coincides with recent speculation about Lopez’s personal life, including rumors of relationship changes with Ben Affleck. As Lopez closes this chapter in her New York real estate holdings, industry watchers are keen to see where the savvy businesswoman and entertainer will invest next.

The sale, which went into contract in April and closed on Monday, was first reported by the Real Deal. It marks a significant move in the luxury real estate market, showcasing the enduring appeal of prime Manhattan properties despite recent market challenges.

As Lopez continues to make headlines in both her professional and personal spheres, this sale underscores her status not just as an entertainment icon, but as a shrewd player in the high-stakes world of New York real estate.

Source: New York Post 
Photo: Brown Harris Stevens

Jennifer Lopez and Ben Affleck: The Hollywood Power Couple on the Hunt for a Home in the Upper East Side

In a city renowned for its luxury residences, the power couple of Jennifer Lopez and Ben Affleck is once again making headlines as they set their sights on exclusive properties in the Upper East Side of New York City. Sources close to the couple have revealed to Gimme Shelter their recent forays into the Big Apple, where they’ve been spotted exploring exquisite residences befitting Hollywood royalty. Among the properties that have caught their discerning eyes was a family-sized townhouse located at 226 E. 68th St., with an impressive price tag of $45,000 per month.

Another noteworthy stop on their tour was a stunning 3,024-square-foot townhouse at 342 E. 69th St., currently listed for $5.95 million. Clad in her distinctive style, J. Lo, a seasoned real estate investor, exuded elegance as she explored potential new abodes alongside Affleck. Despite her ventures into new territories, Lopez remains rooted in the New York real estate scene, retaining ownership of a penthouse at the renowned Whitman in NoMad, a property she acquired for $20.2 million back in 2014. With exclusive access granted to Gimme Shelter, it was revealed that her penthouse, nestled among esteemed neighbors including Chelsea Clinton and her family, is currently listed for $24.99 million. While Lopez’s Bronx roots add a touch of authenticity to her New York endeavors, her presence in the city isn’t solely tied to her real estate commitments. Reports from Page Six suggest she’s in town to shoot a new rendition of the beloved classic, “Kiss of the Spider Woman.” This cinematic venture, following in the footsteps of its predecessors that garnered critical acclaim, adds another layer of excitement to Lopez’s packed schedule. In their quest for the perfect New York residence, Lopez and Affleck spared no expense in exploring luxurious options.

A standout property that caught their attention is a spacious 6,700-square-foot townhouse on East 68th Street. With six bedrooms, six bathrooms, and an array of luxurious amenities including radiant floors and an elevator, this townhouse embodies modern opulence. Its carefully designed interiors, adorned with floor-to-ceiling windows offering panoramic views of a landscaped garden, elevate the concept of urban luxury living. Not far from their initial discovery, the couple set their sights on another prestigious residence. A four-story masterpiece meticulously crafted by AD100 designer Timothy Corrigan, enticed them with its timeless elegance. Featuring exclusive details like a wood-burning fireplace, spa-style bathrooms, and a terrace boasting breathtaking city views, this residence expertly blends classic charm with contemporary comforts.

While details regarding their potential acquisition remain hidden, one thing is certain: the allure of New York City’s Upper East Side has once again captured the hearts of Hollywood’s elite. With esteemed brokers Thomas Wexler, Morgan Garofalo, and Tyler Wexler of Leslie J. Garfield at the helm guiding them on this journey, Lopez and Affleck are poised to make a statement in the city that never sleeps. As the saga of their house hunt unfolds, all eyes remain eagerly fixed on the next chapter of this New York power couple’s story.


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