Hip Hop Mogul Russell Simmons lists NYC Apartment for $11M

Saturday, 08 Sep 2012 02:17 PM

Def Jam founder Russell Simmons has listed his duplex penthouse condominium at 114 Liberty Street in Manhattan’s Financial District for $11M. This is not the first time Mr. Simmons has listed his 14-room, 5-bedroom, 4.5-bathroom, 7,175-square-foot penthouse as it was listed in 2005 for $11M, but it unfortunately didn’t sell. This time the unit is exclusively listed with Deborah Grubman and David Dubin of the Corcoran Group. The duplex features high ceilings, a library, marble bathrooms, terrace and a powder room.

90% financing is allowed for this gorgeous NYC apartment, which allows you to pay a paltry $1 million upfront. Mr. Simmons’s creative aura included in the price.