Jimmy Fallon Buys Another Unit in Gramercy Park Building for $725,000

Jimmy Fallon, the famous "Tonight Show" host, has purchased another unit in the Gramercy Park Co-op building in New York City, for $725,000.

The Wall Street Journal broke news of the sale noting that this is Fallon's fifth purchase in the building. Jessica Huff of Halstead Property was the listing agent of the unit.

Huff told the Journal that Fallon and his wife Nancy intended on using the unit as an office. Huff said that the place was listed in December, last year, and it went under escrow in spring, this year.

The unit at 34 Gramercy Park is a one bedroom, one bathroom place that has hardwood floors and drywall ceilings.

News of the purchase comes four months after Fallon shelled out $1.35 million for the condo that sat right above his duplex apartment.

According to a 2006 article in The New York Times, the TV host purchased a unit in 34 Gramercy Park east, the oldest surviving co-op in the city, for $850,000 in 2002. In 2004, Fallon's neighbor - who lived across the hall - died and he purchased that unit for $1.5 million. He put both condos up for sale for a combined price of $3.75 million in 2006.

Fallon also owns a vacation retreat in Sagaponack, N.Y., which he purchased in 2011. Take a look at the property here.

Fallon was recently voted the "Most Desirable Celebrity Neighbor", according to Zillow's seventh annual Zillow Celebrity Neighbor Survey.

Fallon and wife Nancy recently welcomed their daughter Winnie. he even covered the June issue of People Magazine with his adorable daughter. In an interview with the magazine, he said:

"This has been the craziest year of my life. But being a father is the most exciting, amazing thing that ever happened to me. And everything's going well on the show. My life has never been this cool."

Fallon admitted that being a father wasn't an easy job.

"When you have a baby, sleep is not an option. You can't sleep. Even on vacation, you wake up at 6:30 a.m.," he told the magazine adding that "...everything just gets heightened when you have a baby. The volume gets turned up on life. I never knew I could be this happy, and that's the truth."

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