MINNEAPOLIS (WCCO) – A local restaurateur set a new record for condo sales in Minneapolis after he sold his downtown space for $1,200 per square foot, according to the Star Tribune.
The Star Tribune reported that Keyvan Talebi, co-owner of the Crave restaurant chain, sold Unit No. 3702 in the Carlyle for $4.3 million.READ MORE: At Least 2 Dead In Head-On Crash Near Lake Mille Lacs
The condo reportedly sold without ever officially hitting the market.
While this is not the highest sale price for a Twin Cities property, on a square-foot basis it was almost 10 times the average for the metro.READ MORE: Parents Demand More Distance Learning Options As COVID Cases Rise Ahead Of School Year
The Tribune reported that Talebi originally purchased the condo in 2008 for $2.457 million.
In 2011, WCCO’s Mike Binkley got a behind the scenes look at Talebi’s place.
Binkley reported that the walls of the apartment were lined in mother of pearl and many fixtures featured glass from Murano, Italy. But perhaps the most breathtaking feature of the condo is the three separate terraces that offer three separate, but equally beautiful, views of Minneapolis, the Mississippi River and St. Paul.MORE NEWS: Drought To Have Lasting Impact On Minnesota's Christmas Tree Farms
The buyer is from out-of-town and has not released their name.