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Madonna Sells NYC Co-Op After "Slashing" Price to Under $19 Million

Image courtesy of Sara De Boer/STARTRAKS PHOTO via ABC (via ABC News Radio)
Image courtesy of Sara De Boer/STARTRAKS PHOTO via ABC (via ABC News Radio)

Even the Material Girl can't always get the price she demands.  Madonna has just managed to unloaded her co-op apartment on New York City's Central Park West, but only after being forced to slash the price to -- gasp -- well under $19 million.

The Wall Street Journal reports that the 6,000-square-foot apartment was originally listed back in November for $23.5 million, but in February, the price was dropped by 15 percent, to $19.995 million.  The paper reports that the buyer -- hedge fund manager Deepak Narula -- paid "considerably less" than that for the property. 

Madonna's co-op apartment isn't your regular tiny New York City living space.  It has 15 rooms, including six bedrooms, plus balconies and French doors opening onto Central Park.  It also features a stainless-steel and marble kitchen, eight bathrooms and dark-wood floors. 

This doesn't leave Madonna without a place in New York though.  In 2009, she purchased three adjacent townhouses on the city's East Side for $32.5 million, and then spent years renovating them into one living space.  She still owns it, but it's been listed in the past for as much as $45 million.

Copyright 2013 ABC News Radio