He might not be a household name, but if you happen to drink the wildly popular Olipop, you have Alex Malamatinas partly to thank. Through his New York-based venture capital fund, Melitas Ventures, he regularly funnels millions into better-for-you consumer brands—backing everything from healthy soda alternatives to household favorites like Magic Spoon cereal.
On the personal side, he doled out $5.575 million in 2021 for a condo in a boutique residential building at 111 Leroy Street in Manhattan’s West Village neighborhood. Fast-forward five years, and he is now putting the place up for sale at $8.995 million—eyeing a gain of nearly $3.5 million. Catherine Juracich of Corcoran represents the listing.
A galley kitchen pairs vertical-grain wood cabinetry with white marble countertops and backsplashes.
Oleg Davidoff
Occupying the entire ninth floor just below the penthouse, the unit offers three bedrooms, three full bathrooms, and a powder room. Roughly 2,400 square feet of custom living space designed by Workshop/APD showcases custom millwork, oversized industrial-style black-framed windows, and abundant natural light via southern and western exposures. There is also an in-unit washer and dryer, plus central air-conditioning.
Other highlights include a spacious corner great room with a combined living and dining area offering cityscape and Hudson River views. Wide-plank, light-finished hardwood floors flow to an adjacent galley kitchen outfitted with sleek book-matched walnut cabinetry, honed Italian white veined-marble countertops, a central 12-foot waterfall island, and top-tier Miele, Wolf, and Sub-Zero appliances.
The primary bathroom is spotlighted by a soaking tub and steam shower.
Oleg Davidoff
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Secluded down a wide gallery is the serene primary bedroom, featuring a dressing room and a marble bath spotlighted by dual vanities, a freestanding oval soaking tub, and a glass-enclosed steam shower. Two additional bedrooms each enjoy their own dedicated bathrooms, with other amenities including a private elevator landing and a Savant home-automation system.
Topping it all off is a $4,754 monthly common charge, which grants access to a 24-hour doorman and concierge services, a lobby-level lounge, a fitness center, and a shared courtyard complete with a barbecue and fire pit.
Click here for more photos of the Manhattan residence.
Oleg Davidoff
Authors
Wendy Bowman
Wendy Bowman is a real estate writer at Robb Report. Before that, she was a freelancer for Modern Luxury and several other media outlets, where she primarily covered luxury properties for…