Barrington Homebuyers: $29M Townhouse on NYC’s Upper East Side Is Most Expensive New Listing

Thursday, July 2, 2020

$29M Townhouse on NYC’s Upper East Side Is Most Expensive New Listing

Upper east side most expensive home — realtor.com

A sun-filled, five-story townhouse on New York City’s Upper East Side has landed on the market for $29 million. Built in 1910, the multilevel home is this week’s most expensive new listing on realtor.com®.

Located just off Fifth Avenue, the limestone mansion sits on “one of the most coveted blocks,” according to the listing details, which note that it is flanked by and across from “houses of equivalent architectural merit.”

At 8,800 square feet, the spacious spread includes a finished basement, a gym, 12 rooms, a garden, and terraces.

The home also has an interesting history.

Once the headquarters of the New York Board of Rabbis, the building was purchased by an English businessman, Michael Cannon, for $4.8 million in 2000, according to the Observer. He then embarked on a gut renovation, leaving only the “French neoclassical façade.”

The owner reportedly sold it a year later to Alexander Von Fürstenberg and his wife, Alexandra, for a cool $12 million.

After the couple split up, Alexander Von Fürstenberg put the home on the market in 2005. The home sold for $14.5 million that year, and the real estate magnate Richard LeFrak was reported to be the buyer.

Fifteen years later, the grand residence has landed back on the market with a significant bump in price. Let’s take a peek inside.

The multistory abode features six bedrooms, six full bathrooms, and three half-bathrooms.

The classic but updated floor plan opens into a vestibule with double doors that leads to a gallery clad in white marble.

Beyond that space is a grand dining room that can easily fit up to 30 guests. The adjacent “pristine” eat-in kitchen and pantry offer top-of-the-line appliances and look out onto the garden.

A wide staircase leads to the parlor floor, incorporating a broad landing, 12-foot-high ceilings, and hand-carved millwork.

Both the living room and wood-paneled library feature wood-burning fireplaces. The owner’s suite incorporates a bedroom and study, both with fireplaces, as well as a massive walk-in closet and marble-clad bath.

The fourth floor has three more en suite bedrooms. The top floor includes two more spacious bedrooms with bathrooms, currently functioning as a gym and a music room, both with terraces. An elevator also graces the building.

Best of all, it’s move-in ready for a buyer with means.

“It’s in mint condition,” says listing agent Serena Boardman. “It’s bright, it’s light, it’s airy.”

The upscale residence in a desirable neighborhood is just steps to Central Park, within easy walking distance to museums, shops, and restaurants.

Serena Boardman, Juliette Janssens, and Allison B. Koffman with Sotheby’s International Realty hold the listing.

The post $29M Townhouse on NYC’s Upper East Side Is Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.

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