The Wall Street Journal is reporting that Sun Microsystems co-founder Bill Joy is selling his 11,000 square-foot condo at 176 Perry St. for $40 million. It's the highest asking price ever for a downtown residence.

Joy bought the triplex, located in one of three Richard Meier buildings in the West Village, five years ago. He paid $17.57 million for it, but never moved in. He also has a home in Aspen. We know it's not the first never-moved-into Manhattan apartment for sale, but is it a first for one located in a Richard Meier building?

The largest unit in the building, it is on the 8th through 10th floors. Meier also designed the interior, which includes a double-height living room. But its pricetag doesn't come close to the $150 million triplex at The Mark Hotel, which is converting some of its rooms to residences.

If sold at asking, Joy will make more than $22 million from the sale. Talk about a successful flip!