ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Billy Joel has quite a real estate footprint in New York and Florida

Well-known singer Billy Joel reportedly added to his real estate footprint with the acquisition of an East Hampton, New York property. He has real estate in both Florida and New York.

Well-known singer Billy Joel reportedly added to his real estate footprint with the acquisition of an East Hampton, New York property. 

The musical artist behind songs like "Uptown Girl" and "Piano Man" owns homes in both New York and Florida, according to the New York Post and other outlets. He was raised in the former of those two states, specifically on Long Island. 

Joel has seen major success during his career, notching over 150 million sales of his records and receiving five Grammy awards. He turned 75 years old earlier in the month.

The following are pieces of real estate reportedly linked to the highly-successful singer. FOX Business reached out to a Joel representative for comment

The property in East Hampton that Joel bought in December sits on five acres of land, the New York Post reported earlier in the month. 

It came with both a house and a barn, a Zillow listing for the home indicated. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE

In the house, there are several thousand square feet of space, including multiple bedrooms and bathrooms. Meanwhile, the property contains plenty of features for horse-riding, according to the listing. 

Buying it cost Joel about $10.7 million, per the New York Post.

Elsewhere on Long Island, in Sag Harbor, the "We Didn’t Start the Fire" singer owns a place, according to reports. 

The arguably best-known piece of real estate linked to Joel in New York is the Middlesea property in Centre Island he has called his for over two decades. It spans 26 acres and borders the water on three sides, according to Sotheby’s International Realty.

The real estate company said in June of last year that the property’s 20,000-square-foot primary house, replete with five bedrooms, "reflects its storied past, with fine architectural detailing and thoughtful ornamentation" such as cathedral ceilings. 

BILLY JOEL SAYS ‘NOBODY’ WILL WANT TO BUY HIS $49 MILLION NEW YORK ESTATE

Last year, Joel attempted to sell Middlesea, asking for $49 million, and indicated during a New Year’s Eve concert that he still wants to offload it after finishing some work on it, per Page Six.

He reportedly said in jest that he was "gonna spend a little more time in Florida like old Jewish guys from Long Island" while still having a presence in New York.

In South Florida, a massive Mediterranean-style home belongs to Joel but is currently up for sale, according to the New York Post. The property is located in Palm Beach County’s Manalapan. 

Its price, currently $49.9 million, has reportedly gone down since its listing in February.

A theater room, pub room, library and wine cellar are among the amenities found in the over 13,000-square-foot home, per its listing.

CLICK HERE TO READ MORE ON FOX BUSINESS

Local media outlets like the Palm Beach Post reported in February that an acquisition of a luxurious mansion further south in Boca Raton may be linked to Joel.

Homes in Palm Beach County had median asking prices of $525,000 in April, according to Realtor.com. For sale prices, the median was $505,000.

Stephanie Nolasco contributed to this report.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.