Never Mind! Edgar Bronfman Selling 1040 Fifth Co-op Week After Buying It, Wants $24 M.

It’s hard not to be both awed and annoyed that Seagram liquor heir Edgar Bronfman Jr. bought his East 64th Street townhouse in 1994 for $4.375 million, and sold it to his Warner Music Group colleague Len Blavatnik, the oil magnate, for $50 million last October. Not considering the cost of his four-year gut job, Mr. Bronfman unloaded the place for well over 11.4 times what he paid.

Now he’s trying to flip again, though for a slightly more modest profit. On Jan. 18, he paid $19.5 million for an 11-room sprawl at 1040 Fifth Avenue, the co-op where Jackie Onassis once lived. On Jan. 25, without having done any work, he listed the apartment for $24 million, $4,500,000 over his purchase price from exactly one week earlier. Brown Harris Stevens managing director Alina Pedroso, his broker, had no comment.

A source said the Bronfman family never slept in the apartment: “But they love the apartment, they really do! Otherwise, they wouldn’t have bought there.” They’re leaving, the source said, for an apartment up the street, at the Carhart Mansion on East 95th Street. Last year, he and his family bought a 10-room space there for $18.75 million.

They’ll be leaving behind an apartment with views of Central Park from a 27-foot-long living room and a 25-foot-long dining room, though the living room and library (both with fireplaces) and three of the five bedrooms face south. The massive playroom, sadly, has lesser views.

Mr. Bronfman isn’t the only one fleeing 1040 Fifth so quickly. Hedge-fund prince Scott Bommer and his wife, Donya, who paid $12.37 million for their 11-room apartment there in September 2005, sold late last month for $21 million, city records show. The co-op has fewer bedrooms than Mr. Bronfman’s, which might explain his ambitious asking price.

The Bommers’ buyer is Jeff T. Blau, the president of mega-developer the Related Companies. He’s apparently leaving behind the 3,160-square-foot penthouse at Related’s massive East 65th Street condo, the Chatham, for the bluer-blooded co-op. The Bommers, on the other hand, are going to even greener pastures: a record-setting $46 million co-op at 1060 Fifth Avenue.