A Manhattan Beaux-Arts townhouse that has gone on and off the market since 2016 has lastly landed a purchaser — for $35 million lower than the preliminary asking worth.
The six-bedroom, 14-bathroom Higher East Aspect residence, at 8 E. 62nd St., first hit the market with a hefty $84.5 million price ticket.
Spanning roughly 15,000 sq. toes over six ranges, the property was final listed for $55 million earlier than getting into contract for almost $50 million, the Wall Street Journal reported.
Whereas the id of purchaser stays hush-hush, present proprietor and co-founder of real-estate funding agency Somerset Companions, Keith Rubenstein, revealed that the property ended up “in good palms.”
Rubenstein and his spouse, Inga, bought the house in 2007 for $35 million. They spent a number of years extensively renovating it. And regardless of the hefty worth reduce, they’re nonetheless trying to stroll away with a pleasant chunk of cash from the sale.
After they first listed the house, Rubenstein informed The Journal: “we like to maneuver every so often. We like initiatives.”
Situated simply off Central Park, the townhouse was constructed in 1903 by Grants Tomb architect John H. Duncan.
Options embody a sweeping marble staircase, a breakfast room with a woodburning hearth, and 17-foot ceilings within the formal residing and eating areas, the earlier itemizing famous. On the third flooring is a library with customized millwork paneling.
The first suite boasts twin bogs with heated flooring and steam-resistant mirrors. Further bedrooms are on the fourth and fifth flooring. There’s even a temperature-controlled vault for fur clothes.
Different luxe options embody handmade marquetry flooring, a billiards room with partitions upholstered in crimson Hermès leather-based and a smoking room geared up with a air flow system.
Facilities embody a wine cellar, a gymnasium and a spa space with a sauna, and a plunge pool.
A backyard on the property is about 2,500 sq. toes. The rooftop terrace is full with an elevator entry and incorporates a lounge space, a eating space protected by a cedar pergola, a full outside kitchen with a built-in grill and an outside fridge, plus views of Central Park.
Adam Modlin of Modlin Group held the itemizing. The Corcoran Group represented the client.