- An entity that appears to be affiliated with King Charles scooped up a $6.6 million NYC condo.
- It's located on Billionaires' Row, a neighborhood with south of Central Park.
- A building rep told BI that consulates have historically purchased units in residential buildings.
An entity that appears to be affiliated with King Charles III has scooped up a lavish apartment on New York City's Billionaires' Row.
The buyer on closing documents for the almost 3,600-square-foot condo, which sold for $6.6 million on June 27, is listed as "His Majesty the King in Right of Canada, represented by the Minister of Foreign Affairs."
The deed was signed by Robert McCubbing, whose LinkedIn page identifies him as the senior trade commissioner and director of trade and investment for the Consulate General of Canada in New York.
McCubbing told The New York Post that Global Affairs Canada bought the unit to use as "the Official Residence for the Consulate General of Canada in New York."
Although King Charles is listed on related documents, McCubbing said doing so is a standard practice because Canada is part of the Commonwealth.
"His name is used on legal documentation. It's a function of Canada being a constitutional monarchy," McCubbing told the outlet.
He added that King Charles would not personally use the unit.
The three-bedroom, 4½-bathroom apartment is on the 11th floor of 111 West 57th Street, a skyscraper just south of Central Park known for its slender design. That stretch of 57th Street and the surrounding area is home to some of the most expensive residential real estate on earth.
The sale was first reported by The Real Deal.
The Consulate General of Canada in New York, Buckingham Palace. and McCubbing did not immediately to Business requests for comment from Business Insider.
Douglas Elliman's Erin Boisson Aries and Thomas Aabo repped the buyer, according to The Real Deal. They declined Business Insider's request for comment through an Elliman spokesperson.
Unit 11A was the last unit left for sale in 111 West 57th Street's landmarked Steinway Building section, a 111 West 57th Street spokesperson said. There are 14 condos in that lower part, which used to be the headquarters of iconic piano maker Steinway & Sons, and 46 apartments in the tower portion of the building.
The condo is ideal for someone who "enjoys modern conveniences within grand spaces reminiscent of the pre-war era," according to its listing on New York real-estate site StreetEasy.
Building amenities at 111 West 57th Street include an 82-foot, two-lane swimming pool with private cabanas, a private dining room and chef's catering kitchen, and an on-site padel court.
The deed for the transaction hit New York City's public records database on July 9.
It's far from the only NYC property tied to the crown, The Real Deal reported, noting it found 24 properties across the city affiliated with the Queen in the wake of her death — at which point King Charles became the sovereign of Canada.
