Julio Mario Santo Domingo owns a private island off the coast of Colombia, where he made his fortune in beer. His grandson of the same name is a D.J. more familiar with Ibiza, and he has settled for a penthouse appropriately close to the meatpacking district.
Julio Mario Santo Domingo III just paid $4.07 million for a 2,737-square-foot spread atop 325 West 13th Street, according to city records.
That is one-20th of a percent of the $7.8 billion that grandpappy sold the Bavaria Brewery to SABMiller for in 2005.
The duplex penthouse has 1,500 square feet of outdoor space, including a private rooftop deck, which “is perfect for lounging, sunbathing, dining, and grilling far away from neighboring view,” according Brian Babst, Daren Herzberg and Jason Brantley‘s Corcoran listing.
Developers Josh Najjar and Michael Petrillo claim that it’s the closest penthouse to the meatpacking district (we report, you decide). “I mean, not that I know of at least,” Mr. Najjar conceded.
Although perhaps the neighborhood would be a bit foreign to the family patriarch, the youngest Julio Mario Santo Domingo is very familiar with the West Village: The penthouse property deed shows that his most recent address is a condo at 175 West 12th Street, most recently purchased in 2003 for a paltry $610,000.