Chipotle Founder Steve Ells Sells West Village Townhouse

The burrito mogul sold the five-story home to his renter, music mogul Lyor Cohen. At $11.4 million, it was a bargain.

Photo by: Zillow Chipotle founder Steve Ells recently sold his five-story West Village townhouse to his renter. The home's penthouse solarium is flanked by two terraces.

Chipotle founder and apparent real estate maven Steve Ells sold his West Village townhouse last month for $11,400,000. It's a surprisingly low amount, considering the original asking price of $14.5 million, but perhaps buyer Lyor Cohen, a hip-hop music executive, was able to strike a deal after renting the home for the past year.

The burrito king is no stranger to Manhattan real estate. In 2008, Ells bought a Waverly Place loft for $5.753 million and sold it several years later for $6.1 million. He bought this Jane Street townhouse in the same year, and the following year he snagged a prewar Fifth Ave penthouse for $11 million.

The five-story home is beautiful inside and out, with a striking glass facade in the back and classic brick facade on the front. For a tour of Ells' home-cum-rental, check out our gallery below.

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