Wild-haired Scottish comedian and actor Billy Connolly has paid $3,850,000 for a three-bedroom, 10th-floor loft in the Folio House building in Manhattan's Flatiron district, according to public records.

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Connolly, 64, is an immensely popular British comedian who long has played sellout shows in the U.K., Australia, New Zealand. He also was known in the U.S. for his short-lived stint succeeding Howard Hesseman as a teacher of brilliant high-schoolers on the TV sitcom "Head of the Class."

Now, Connolly and his New Zealand-born comedienne-turned-psychotherapist wife have decided to buy a 2,900-square-foot, co-op unit in the Folio House building, which is at 105 Fifth Avenue. The move is the latest in a string of property transfers for the couple, who purchased a place in New York, according to the New York Observer, because his three youngest daughters are college students in the area. Until just a few years ago, the Connollys also were longtime residents of Los Angeles' Sunset Strip area, selling their four-bedroom, 4,583-square-foot house at 7423 Woodrow Wilson Drive in late 2004 for $3,905,000, according to public records. Built in 1954 and listed in 2004 for $3,995,000, Connolly's former L.A. abode was renovated by John Powell in 1993 and has a family/media room, a studio/creative space with walls of glass, a maid's/guest suite, an enormous living room, a flat grassy yard, an infinity pool and "jetliner views," according to information from the time they listed that house.

At the time the Connollys sold their L.A. house, it was reported that they planned to divide their time between Malta and an estate in Aberdeenshire, Scotland.

However, with his daughters in school in the New York area, Connolly now has become a property owner in Manhattan, buying the seven-room unit in the Flatiron district. Features in the unit include original 1907 restored arched oak windows, an open, custom Italian tiles and fixtures, three and a half Boffi baths, original restored maple floors, 11.5-foot, fully restored ceilings, original exposed columns, a 1,000-square-foot living/dining area, and an open, Boffi kitchen with a large pantry, double SubZero refrigerators, according to listing information. The unit is split into two wings, with one wing containing a master bedroom, bath and walk-in closets and the other wing having two bedrooms--which also can be home offices or dens--and two baths.