Madonna's NYC Apartment Sells for Almost $20 Million

Singer accepted 15 percent less than her original asking price for her Central Park West property

By Rose Curiel May 30, 2013 10:30 PMTags
Madonna, NYC ApartmentCourtesy: modlingroup.com; Theo Wargo/Getty Images

Looks like the Material Girl has a little less material this week.

Madonna has sold her 6,000-square foot New York co-op, according to the Wall Street Journal.

Hedge fund manager Deepak Narula purchased the property from the singer for $19.995 million, paying 15 percent less than the original $23.5 million asking price when the home was first listed back in November. Quite the steal for Narula, but not so great for Madge, who got $4 million less than she originally intended from the 15-room apartment. 

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Two of those rooms—large living rooms, to be exact—offer quite the view, featuring two Juliet balconies that open up to Central Park. The massive property, which Madonna created by taking over sponsor-owned units on the fifth and sixth floors, also features such luxe perks as a stainless-steel and marble kitchen, plus a sprawling master bedroom bathroom with eye-catching arches and a claw-foot tub.

But if you suspect the singer will have to book a hotel next time she heads to New York City, think again. Madonna still owns an Upper East Side property made from three adjacent townhouses, which undoubtedly affords her, Lourdes, Rocco, Mercy and David plenty of room!