Alex Birkenstock, a member of the family that founded the eponymous German shoemaker, is listing his lower-Manhattan penthouse for $12.995 million.

Alex Birkenstock, heir to the eponymous sandal company fortune, is listing his Setai penthouse for more than double what he paid three years ago. Birkenstock picked up the 3,424-square-foot, 30th-floor pad at 40 Broad Street in 2011 for $5.86 million.

Third on the pricey end this week is a $12.99 million penthouse condominium at 40 Broad Street in the Financial District. The home boasts reclaimed hardwood floors from the Portuguese embassy in Paris, two retractable glass garage doors on opposite sides of the apartment and a corner living space with a sauna bathroom, according to the listing.

Heir to a sandal fortune and a non-active owner of the eponymous company, Alex Birkenstock is no stranger to peddling penthouses that cost tens of millions, considering he offloaded a $25 million triplex in Miami, which set a condo-sale record at the time. Now he’s pulling a similar trick with his 2BR/2.5BA perch atop Broad Street’s The Setai, putting it on the market for $12,995,000.

Heir to a sandal fortune and a non-active owner of the eponymous company, Alex Birkenstock is no stranger to peddling penthouses that cost tens of millions, considering he offloaded a $25 million triplex in Miami, which set a condo-sale record at the time. Now he’s pulling a similar trick with his 2BR/2.5BA perch atop Broad Street’s The Setai, putting it on the market for $12,995,000.

Alex Birkenstock, who inherited a part of the German shoe company Birkenstock’s fortune, has put his Setai penthouse in New York City up for sale for $12,995,000 – almost double the price he paid to purchase the property just three years back.

Birkenstock picked up the 3,424-square-foot, 30th-floor pad at 40 Broad Street in 2011 for $5.86 million, then engaged in a $5 million renovation spearheaded by Miami-based interior designer Steve Harivel, the force behind nearby Soho House.

Alex Birkenstock, heir to the famous sandal company, is selling his two-bedroom penthouse in the Financial District for $12.995 million. Two bedrooms may have a modest ring to it, but there’s nothing modest about this opulent 3,400-square-foot condo.

Alex Birkenstock, heir to the multi Billion dollar Birkenstock sandal fortune has a penchant for Penthouse Apartments. Not only that, he is a master at flipping them for eye popping gains.

Old world elegance meets the height of contemporary luxury in this 30th floor penthouse located in the Setai
Wall Street. Customized by Steve Harivel , one of the renowned interior designers behind the Soho House
hotels and who acts as their vintage curator for all projects, this spectacular residence features a one-of-a-kind
collection of hand -selected and curated items and antiquities from around the world.