Inside Mets owner Steve Cohen’s insanely luxurious $21.6M Florida estate

2

Looks like Steve Cohen can add a $22 million ultra-luxurious Florida estate to his expanding portfolio. 

The New York Mets owner now has a warm place to escape as winter approaches up north in the coming months. On Aug. 9, the hedge-funder and 97.2% team owner closed on the sale of a 31,000-square-foot mansion located in an unincorporated area of Palm Beach County near Boca Raton and west of Delray Beach. 

The move comes nearly three years after he sold his last Florida property in 2017 for $6.4 million, property records show — a relatively modest home compared to his newly purchased Palm Beach abode. 

Background on the buyer: In 2012, Cohen was initially a minor owner of the Mets with an 8% stake. But last year, in an agreement with fellow MLB owners and several negotiations, Cohen won majority control of the team, beating out bids from the likes of Alex Rodriguez, who was reportedly angry at losing out on the deal

The former Yankee blamed JP Morgan and loudly griped that the process had been rigged.

“I don’t think it ended well with JPM,” one source previously told The Post, noting that JPMorgan “did everything for A-Rod in the Mets deal,” and that the bank didn’t appreciate being blamed for losing the MLB team to Cohen.

New York Mets owner Steve Cohen speaks with Michael Conforto during spring Ttaining at Clover Park on Saturday, Feb. 27, 2021, in Port St. Lucie, Florida.
Corey Sipkin

In January, Cohen found himself involved in the infamous GameStop controversy.

Point72, his $19 billion hedge fund, saw significant losses due to its investment in Melvin Capital. Melvin was nearly wiped out when it placed a large bet against the video game retailer after amateur traders on the WallStreetBets subreddit recognized that — because hedge funds like Melvin had so heavily “shorted” GameStop and other stocks — they were vulnerable to any kind of run on the stock.

After receiving backlash on social media from the fallout, Cohen temporarily deactivated his social media accounts — but it appears the GameStop frenzy was short-lived, and Cohen bounced back fairly quickly. And what better way to rebound than with a mega-mansion in the Sunshine State?

1 of 2

The waterfront estate sits on 2.7 acres of land.
The waterfront estate sits on 2.7 acres of land.

The estate is situated behind private gates at Stone Creek Ranch, one of the most exclusive luxury gated communities in Palm Beach County.
The estate is situated behind private gates at Stone Creek Ranch, one of the most exclusive luxury gated communities in Palm Beach County.

1 of 3

The foyer features double staircases.
The foyer features double staircases.

The grand foyer.
The grand foyer.

An interior balcony is build into the estate.
An interior balcony is build into the estate.

1 of 2

The sitting area seen upon entry.
The sitting area seen upon entry.

Another view of the living area with 32-foot-high walls.
Another view of the living area with 32-foot-high walls.

A sitting area in the kitchen, complete with a television set.
A sitting area in the kitchen, complete with a television set.
Douglas Elliman

1 of 2

The gourmet Downsview kitchen with state-of-the-art appliances and a striking, double-column, stainless-steel range hood.
The gourmet Downsview kitchen with state-of-the-art appliances and a striking, double-column, stainless-steel range hood.

Another view of the chef's kitchen.
Another view of the chef's kitchen.

The kitchen comes with a separate island counter with seating for six and playfully oversized lighting.
The kitchen comes with a separate island counter with seating for six and playfully oversized lighting.
Douglas Elliman
Rockybrook also boasts a separate commercial catering kitchen.
Rockybrook estate also boasts a separate commercial catering kitchen.
Douglas Elliman

Senada Adzem of Douglas Elliman represented the seller and Gerard Liguori of Premier Estate Properties represented Cohen. Both agents were unavailable for comment.

Pegged as The Rockybrook Estate, the gated mansion is described as a “world-class design and lifestyle of unrivaled amenities, privacy and security,” according to the listing. 

The wine cellar.
The wine cellar.
Douglas Elliman
The long marble hallway outside the wine cellar.
The long, marble hallway outside the wine cellar.
Douglas Elliman
The bar.
The bar.
Douglas Elliman
A club room with a bar.
A club room with a bar.
Douglas Elliman
The pool table room.
The pool table enclave.
Douglas Elliman
The two-lane bowling alley.
The two-lane bowling alley.
Douglas Elliman

1 of 2

A cinema-style theater room.

Another view of the theater.
Another view of the theater.

The health and beauty areas.
The health and beauty salon.
Douglas Elliman

Made up of seven bedrooms and 11 full baths, the architectural marvel is an ode to both modern classicism and throwback glamour. The property captures family-friendly flourishes that double as entertainment spaces.

Unique amenities include a club room with a bar, card table and billiards table; a cigar room; a cinema-style theater room and even a two-lane bowling alley in a massive children’s lounge.

1 of 3

A formal sitting area.
A formal sitting area.

An informal living room.
An informal living room.

A den.
A den.

1 of 2

A sitting area in the hallway of the second level.
A sitting area in the hallway of the second level.

A living space.
Another view of the second-level hallway sitting area.

This 31, 000-square-foot architectural marvel is an ode to both modern classicism and throwback glamour.
This 31,000-square-foot architectural marvel is an ode to both modern classicism and throwback glamour.
Douglas Elliman

1 of 2

The formal dining room.
The formal dining room.

Two chandeliers hang above the dining area.
Two chandeliers hang above the dining area.

Rockybrook also sports health and beauty areas, including a spa treatment room, salon, gym and sauna, a championship tennis court and a meditation space overlooking the tropical garden.

Upon entry is a grand foyer with a custom-designed, open-arms staircase. A long hallway off the foyer eventually leads to a gourmet Downsview kitchen with state-of-the-art appliances; a striking double-column, stainless-steel range hood; and a separate island counter with seating for six and oversized lighting. 

The tropically landscaped pool area is complete with waterfalls, and fire pits.
The tropically landscaped pool area is complete with waterfalls and fire pits.
Douglas Elliman

1 of 3

An aerial view of the pool.
An aerial view of the pool.

A grotto with a rain feature.
A grotto with a rain feature.

The 250,000-gallon heated pool with black mosaic glass waterline tile.
The 250,000-gallon heated pool with black mosaic glass waterline tile.

The sauna.
The sauna.
Douglas Elliman
The tennis court.
The tennis court.
Douglas Elliman

1 of 5

Rockybrook also boasts a separate commercial catering kitchen. 

Upstairs, the primary ensuite bedroom has its own separate wing, including a study lounge and kitchenette. The main balcony of the suite features a fireplace, whirlpool bath and sun deck, all overlooking the property’s lush 2.5 acres and outdoor spaces.

The two primary bathrooms boast master baths which features amethyst, a center bathtub with a hanging crystal chandelier. Both bathrooms have their own balconies.

1 of 5

1 of 7

1 of 3

Another primary ensuite closet.
The primary ensuite closet.

The expansive walk-in closet.
Another view of the expansive walk-in closet.

Another large closet.
Another large closet.

A closer look at the garage.
A closer look at the garage.
Douglas Elliman

One of the more eye-catching amenities is the 250,000-gallon heated pool with black mosaic glass waterline tile and a black Pebble Tec finish. The landscaped pool area is complete with waterfalls, fire pits, a covered pavilion and dining area, a grotto with a rain feature and a fully equipped summer kitchen. 

The residence is also designed with hurricane-resistant windows, doors and exterior construction. In addition, it comes with a Creston smart home system and security cameras. 

The Real Deal was the first to report the transaction. 

1 of 4

The grand hallway.
The grand hallway.

Another entertainment space.
Another entertainment space.

The second-floor hallways.
The second-floor hallways.

An architecturally designed door.
An architecturally-designed door.

In April, Cohen sold his New York City penthouse on East 58th street after eight years on the market and a 74% price chop. 

In 2019, he sold his West 12th Street triplex for $30 million after only a month on the market.

But that still leaves him with two summer Hampton homes worth a combined $80.5 million, as well as another West Village residence worth $38.8 million. 

His main residence, worth an estimated $23 million, is located in Greenwich, Connecticut, and spans a massive 35,000 square feet with 18-plus acres. 

View original post