Alex Rodriguez Slides Out of Condo

Author: admin  |  Category: Apartment for Sale

After owning a condo at the Rushmore, a new 41-story condominium tower on the West Side, for less than a single baseball season, Alex Rodriguez, has made a deal to sell his four-bedroom apartment at a substantial profit, brokers said.

The Yankees third baseman paid $5.5 million for the glass-walled apartment with 360-degree views on the 35th floor at the Rushmore on Riverside Boulevard in March, public records show.

The deal closed just two days before the opening-day game against the Detroit Tigers at Yankee Stadium.

Six days after the Yankees were eliminated in the divisional playoffs by the Tigers in the Bronx in October, he quietly put it back on the market with an $8 million asking price.

Last week, Mr. Rodriguez signed a contract to sell the 3,600-square-foot four-bedroom apartment, according to listing records.

Several brokers familiar with the sale said the contract price was high enough for the Yankee star to lock in a significant profit.

It wasn’t immediately clear why Mr. Rodriguez decided to flip the apartment so quickly after purchasing it.

But brokers say that the Yankee slugger’s well-publicized purchase at the Rushmore helped spur sales there, which soared last year, nudging up prices. A spokesman for Mr. Rodriguez declined to comment.

The listing of the A-Rod apartment by Adam Modlin, a broker who has had many celebrity clients over the years, doesn’t mention him by name.

The apartment includes Warhol prints of Marilyn Monroe in an entry-hallway, and white wood floors and white walls and ceilings, according to the listing.

The listing shows a spacious wide-open layout and includes a pool table, dark leather couches in a 60-foot-long living room and a dining room looking out over the Hudson River.

Mr. Modlin declined to discuss the terms of the sale.

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