Grammy Award-winning, Puerto Rican pop singer Ricky Martin reportedly is again buying in New York City, paying about $7 million for a condo unit in a new development in the NoHo area, and also has listed his Miami Beach mansion for $16.9 million.
Martin, 35, is a serial buyer and seller of real estate, so his New York purchase, reported this week by the New York Post’s fine celebrity real estate columnist Braden Keil, is just the latest in a string of properties he has owned. Public records don’t yet show that the deal has been recorded for the three-bedroom, 2,637-square-foot unit in the mixed-use development at 40 Bond Street. A conversion of a cast-iron building into a combination of 23 apartments, five town houses and a massive penthouse, 40 Bond is the latest project from hotel and entertainment developer Ian Schrager. Pulitzer Prize-winning Swiss architects Herzog & de Meuron are handling the redesign of the building. Martin’s new unit appears to have been listed for $6,850,000, and contains three and a half baths, north and south exposures, a gallery, a family room, a private study and something called a wet room, according to listing information.
Check out listing information for Martin’s new unit here.
In Miami Beach, Martin paid exactly $10 million in 2005 for the seven-bedroom Mediterranean-style waterfront mansion at 5130 N. Bay Road that he’s now selling for $16.9 million. Built in 2004, that house, in the La Gorce Golf subdivision, contains either 9,491 square feet, according to listing information, or 9,193 square feet, according to public records. In any event, the mansion has eight full baths, two half baths, travertine marble throughout, a gourmet kitchen, a fully wired media room, and solid mahogany doors, moldings and trim, according to listing information. Other features include three fireplaces, according to listing information. The Miami Herald in March reported that Martin plans to look for another, more private South Florida property.
Martin has owned plenty of other residences over the years. Back in May 2004, Martin paid $6,832,471 for a four-bedroom, 65th-floor unit in the south tower of the Time Warner Center, at 25 Columbus Circle. He later listed the 2,942-square-foot unit for $9.95 million, and wound up selling it in October 2006 for $9.75 million to an entity called Defer Ltd. Partnership and Ramarax Holdings, according to public records.
In Los Angeles, Martin paid $10.9 million in August 2004 to purchase a 9,202-square-foot house at 1309 Davies Drive, which he then sold for $15 million in May 2006 (and not the $18 million that the Los Angeles Times reported). That house is on a 2.4-acre knoll and was owned, prior to its being rehabbed, by actor Michael Caine from 1976 to 1987.
And in Miami, Martin’s previous house was a 7,241-square-foot house at 5030 N. Bay Road that he purchased in 2001 for $6.4 million and sold in 2005 for $10.6 million, according to public records.
The singer also owns a house in Puerto Rico, Keil reported.