Real Estate

Chelsea Clinton gets $750,000 break on new condo

Maybe there’s a presidential discount.

Chelsea Clinton and hubby Marc Mezvinksy paid $9,250,000 for a four-bedroom apartment in the celebrity-studded Whitman condominium building on Madison Square Park, city records filed this month show.

That is $1.2 million less than the $10.5 million asking price, and $750,000 below what the building’s other two occupants paid for their 5,000-square-foot units. All three apartments are nearly identical, except that the Clinton-Mezvinsky pad is on a higher floor.

The building also includes a duplex penthouse apartment that’s on the market for $25 million.

NASCAR champ Jeff Gordon plunked down $10 million cash for his condo. Hedge-funder John Silvetz and his wife, model Wilda Deon Bray, also paid $10 million, which was $250,000 less than the asking price for their unit.

The three apartments officially went on sale in February, and went to contract within two months of each other.

Clinton and Mezvinsky purchased the property using a company called Cafema LLC. They took out a $5 million mortgage in addition to a $500,000 line of credit, records show.

The East 26th Street building once belonged to Plumbers Local 1, and was converted to condos by developer David Mitchell. President Clinton and former Secretary of State Hillary Rodham Clinton toured the property in early March.

Clinton and Mezvinksy had been living around the corner in a three-bedroom apartment on Fifth Avenue since their 2010 marriage. The apartment was on the market for $4.7 million, and is listed as under contract on the Stribling real estate Web site.

Clinton works as a special correspondent for NBC News, and is studying for a doctorate from Oxford. Mezvinksy, who used to work at Goldman Sachs, started a hedge fund in 2011.

“Marc and Chelsea agreed to buy the apartment last year. As they were the first to do so in the building, they received a discount, as is not uncommon in New York,” a spokesman said.