+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Lewis Hamilton just sold a New York penthouse he bought 4 years ago, but never lived in, for $49.5 million — and made a $5 million profit

Dec 8, 2021, 20:11 IST
Insider
A side-by-side of Lewis Hamilton next to 443 Greenwich, a New York building where he previously owned a penthouse apartment.Cristiano Barni ATPImages/Getty Images; Screenshot/Google Street View
  • F1 icon Lewis Hamilton has sold his $49.5 million penthouse in the Tribeca area of New York.
  • The 8,900 square foot apartment was originally bought by Hamilton in 2017.
Advertisement

Seven-time Formula One world champion Lewis Hamilton is $49.5 million richer after he sold one of his two penthouses in Manhattan, as first reported by the New York Post.

Hamilton bought the luxury apartment in 2017 for just shy of $44 million, but put it up for sale after purchasing a second apartment nearby in 2019.

The Post reports that Hamilton never actually lived in the property, located in the Tribeca neighborhood.

The 8,900 square foot property in a building at 443 Greenwich Street counts celebrities including Justin Timberlake, Harry Styles, Jake Gyllenhaal, and Rebel Wilson as residents, the Post reports.

The Sun reports that Hamilton's former penthouse has five bedrooms, six bathrooms, two powder rooms, a private outdoor plunge pool, a library den with a gas fireplace, and a kitchen specifically for private chefs.

Advertisement

Hamilton is potentially one win away from a record eighth world title.Dan Istitene - Formula 1/Formula 1 via Getty Images

The New York Post adds that the $49.5 million sale is the biggest downtown New York sale of the year, beating the $49 million a penthouse on 421 Broome Street in Soho sold for earlier this year.

The Sun also reports that the identity of the new owner will remain a mystery as the purchaser bought it through a shell company based in Seattle.

Hamilton also owns property in London and Monte Carlo.Kenan Asyali - Pool/Getty Images

The sale does not mean Hamilton will be without somewhere to stay in New York though. He also owns a $40.7 million property just 200 feet away on Vestry Street.

As well as his New York properties, Hamilton owns homes in London, Geneva and a favorite destination of racing drivers, Monte Carlo.

Hamilton is currently embroiled in the tightest title battle of his F1 career. The Brit is level on points with rival Max Verstappen ahead of the season's final race in Abu Dhabi on Sunday.

Advertisement

If he bests Verstappen in the UAE, he will become the most decorated driver in the sport's history.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article