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Notorious Greenwich Village Party House Sells for $20 Million

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With a hard-partying reputation to match its nickname, the Bacchus House?a restored and renovated 24-foot-wide carriage house at 40 West 10th Street?has been a Greenwich Village obsession for all real estate watchers. Owned by Italian liquor heir Enrico Cinzano for nearly two decades, the six-bedroom house, with amenities like a private garage and indoor pool, has been on and off the market for years in the $18-$21 million range. There hasn't been a new listing since 2009, according to StreetEasy, but that didn't stop a buyer from finally making a move. Real Estate Weekly reports that house has just sold for $20 million. So who bought the party pad?

According to REW, the buyer was listed as Rivendell House LLC, a subsidiary of Founders Fund. That's the San Francisco-based venture capital firm headed by, among others, Sean Parker, the Napster co-founder and former president of Facebook who was portrayed by Justin Timberlake in The Social Network. Parker rather infamously rented the Bacchus House, which was also listed for $45,000 per month, and threw some wild bacchanals in the place. Maybe he wants to keep the magic alive in the long term? If that's the case, we'd definitely say Parker's new digs top Timberlake's. Here's the $20 million floorplan:


· West Village "Bacchus House" trades for $20 million [Real Estate Weekly]
· 40 West 10th Street [StreetEasy]
· Tour a Notorious Tech Playboy's Party Mansion [Gawker]
· PriceHiker: Good God, the Bacchus House Is Expensive [Curbed]