Wednesday, January 25, 2012

A-Rod sells his NYC condo for a considerable profit

A-Rod just sold this 3,500-square foot apartment for $8 million. (ModlinGroup)

Alex Rodriguez's baseball skills and ability to commit to one celebrity girlfriend may be on the decline, but he's apparently at the top of his game when it comes to investing in real estate.
According to the Wall Street Journal, the New York Yankees third basemen has already received a contract for his 3,500-square foot condo on the 35th floor of the Rushmore building on Manhattan's Upper West Side. The listing with Modlin Group says the property was posted for $8 million, so A-Rod is likely making a tidy profit after paying just $5.5 million for the five-bedroom place last February. (Of course, considering he makes close to $30 million a year with the Yankees, that sort of haul is just walking around money to A-Rod.) More....Yahoo Sports

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