Sometimes the best buyer for your home is the person renting your house. Not only are they a little more emotionally attached, they’ve already got all their stuff moved in.

Lyor Cohen bought Chipotle owner's townhouse. Source: Rolling Stone

Lyor Cohen bought Chipotle owner’s townhouse. Source: Rolling Stone

Lucky for Chipotle founder Steve Ells, this was the case when he sold his New York townhouse.

The man who helps stuff America with Mexican fast food sold his home at 92 Jane St., New York, NY 10014 for $11.4 million, according to the Real Estalker blog. The buyer was music industry mogul Lyor Cohen, who had been renting the 4,400-square-foot Greek Revival property for a year.

That’s a pretty decent price reduction from the home’s last list price of $14.5 million, but it appears Ells was ready to let the 5-floor home go after first listing it back in September 2012 for $16.5 million.

The 24-foot-wide building dates back to 1858 and has seen its Greek Revival facade restored to its original form. There are 4 bedrooms, 2 family rooms/libraries, as well as 3 full and 2 half bathrooms. There are also 4 fireplaces and a wine cellar to make things super cozy when the city scene gets too frenetic.

The modernized interior provides perfect respite right in the heart of one of Manhattan’s hottest neighborhoods, giving easy access to attractions like the High Line urban park, as well as restaurants and clubs in the Meatpacking District.


Laura Vecsey is a freelance writer for Zillow Blog. Read more from her here.


About the Author

Laura Vecsey is a former sports columnist, news reporter and politics writer and has worked for the Seattle Post-Intelligencer, Baltimore Sun, Albany (N.Y.) Times-Union and Harrisburg Patriot-News. She was also a regional editor with She is a graduate of Sarah Lawrence College.

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