Billy Joel Sold His Elizabeth Street Condo to His Daughter

"The singer first bought the place for $3.3 million in 2010 after a divorce from then-wife Katie Lee. From older staged photos, the 1,600-square-foot apartment looks like something a bachelor might pick up: There are dark herringbone floors, moldings and millwork that have been painted black, and a similarly moody black kitchen. The building, 211 Elizabeth Street, was a ground-up Roman and Williams project with seven stories and 15 units that's long been popular with celebrities like Karlie Kloss and Josh Kushner, Gabriel Byrne, and Elie Tahari."

"Billy Joel seems to have sold his two-bedroom, two-bath Nolita condo to his daughter, Alexa Ray Joel. As Crain's first reported and as records confirm, the Elizabeth Street apartment went for $4.5 million in a transaction between the two family members' trusts. The transfer was largely a formality: Alexa, a downtown girl, appears to have been already living in the apartment for years. (Soon after Joel bought it, the New York Post reported that his daughter was seen "moving out of her West Village digs.") The handover of 211 Elizabeth is just one of a few of Joel's recent real-estate moves: He has been trying to sell his enormous Oyster Bay estate, and last year he bought a $10.7 million house in the Hamptons down the street from Alec Baldwin."

Billy Joel transferred his two-bedroom, two-bath Nolita condo at 211 Elizabeth Street to his daughter, Alexa Ray Joel, in a $4.5 million trust-to-trust sale. Joel purchased the 1,600-square-foot apartment in 2010 for $3.3 million after his divorce from then-wife Katie Lee. The apartment includes dark herringbone floors, painted black moldings and millwork, and a moody black kitchen. The seven-story, 15-unit Roman and Williams building has attracted celebrity residents. Alexa appears to have lived in the apartment for years, making the transfer largely formal. Joel is also selling his Oyster Bay estate and bought a $10.7 million Hamptons home.

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