This One Beacon Court apartment is not a $115 million duplex. It is not setting a new price per square foot record. It is not the subject of reality show squabbles, nor has Bobby Abreu ever lived in it. What this apartment is is a 2BR/2.5BA, 42nd-floor pad asking $5.2 million after its owner paid $2.825 million for it eight years ago, because that's just what One Beacon Court apartments do. The apartment has actually been flipped once before—it was sold for $2.2 million in a sponsor sale earlier that year. While eight years is a bit too long to be considered a second flip, the owner should be looking at a nice profit.