Andy Cohen
Slashes $2M Off Custom NYC Duplex
Published
Bravo to Andy Cohen for providing a real-world real estate lesson—after listing his NYC condo, he cut the price by a staggering $2 million!
Initially, Andy’s 3,500-square-foot, two-story condo in the West Village fetched a $14 million price tag when it hit the market in September. Despite its opulent features, the listing struggled to attract buyers, prompting a drastic price reduction to $12 million.
From Ground Floor to Penthouse
This luxury property isn’t a one-and-done acquisition for Cohen. He initially purchased the ground floor in 2003 for $1.4 million, then snapped up the upper unit to merge into a single stunning condo.
The resulting space captures Cohen’s signature style—fun, vibrant, and perfect for hosting. It boasts a custom bar and ample room for gatherings.
The Missing Piece: Outdoor Space
The condo’s primary drawback lay in its lack of outdoor space, a factor that proved challenging for Cohen. Determined to resolve this, he relocated to a new $18 million penthouse within a stone’s throw, offering the outdoor oasis he craved.
The listing for the scaled-down duplex is now held by Ryan Serhant of SERHANT.
If Andy Cohen’s move teaches us anything, it’s that even million-dollar properties aren’t immune to the realities of real estate. Sometimes, it takes a willing buyer to find the perfect fit, and sometimes, the price must come down to meet the market.
We’d love to hear your thoughts on Cohen’s decision. Has the price slashed enough for you? Or do you think there’s still room for negotiation? Share your comments below!
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