Memphis Bleek once had a two-story penthouse nearly in his hands, thanks to a generous offer from Jay-Z, but the deal vanished the moment someone else came up with $4 million.

During a recent talk on Bleek’s Roc Solid Podcast featuring Big Face Gary, the rapper recalled a moment when Hov offered him a luxury apartment he no longer wanted.

The arrangement seemed simple: just cover the property taxes. But a week later, the plan unraveled.

“I was supposed to get that crib, right?” Memphis Bleek said. “Jay like this, ‘yo, Bleek, you know I got the crib. You know I’m about to move out. I don’t want the crib. I’ma give it to you. Just pay the bill, whatever it is.’ It was paid off. All I had to pay was the taxes. It was paid off, so he was just gonna give it to me. I’m like, ‘all right, cool. Just let me know when.’”

But that handoff never happened.

The apartment, described by Bleek as a sprawling, two-level penthouse with a movie theater, was scooped up after Jay-Z received a multimillion-dollar offer. Bleek took the loss in stride but still jokes about it.

“Like a week later, I got a call. Jay was like ‘yo, you know I love you like a lil bro?’ It’s like, ‘yeah, why, what’s up? What happened?’ N#### was like, ‘I don’t love you more than $4 million, though.’ Jay Brown [Roc Nation Vice Chairman] made a deal you can’t compete with,” Memphis Bleek revealed.

While Bleek didn’t walk away with the keys, Jay-Z’s real estate moves haven’t slowed down. The Hip-Hop mogul and his wife, Beyoncé, have built a property empire worth hundreds of millions of dollars.

In New York, they own a Tribeca penthouse where they tied the knot, and they once rented a unit at the Time Warner Center with panoramic skyline views.

On the West Coast, their holdings include an $88 million Bel Air estate and a $200 million Malibu compound designed by renowned architect Tadao Ando.

That 40,000-square-foot property set a record as the most expensive home ever sold in California.

The couple also owns a $26 million waterfront mansion in East Hampton and recently expanded their reach overseas with a 58-acre estate in the Cotswolds region of England.

Their former properties in Miami and New Orleans further reflect their taste for high-end, architecturally significant homes.

Despite missing out on the penthouse, Bleek’s relationship with Jay-Z and Jay Brown remains intact.

“Every time I see Jay Brown to this day, I tell him, ‘yo, dawg, you got my crib, dawg.’ He don’t live there all the time. He probably renting it out, man. He probably getting f###### $5,000 a week on that s###. …f#####’ $5,000 a week, all that s###. The penthouse, bro? Stupid. Movie theaters, two floors.”