Recently Sold for $10M in Bidding War, Furnished UES Townhouse Now Renting for $50K/Month
Bidding wars have become too familiar to cause much of a shock, and things have cooled down a bit in the city’s most competitive markets, but a nice turn-key townhouse can still bring out the competition in full force. This was certainly the case when this four-story townhouse at 235 East 72nd Street changed hands for $10.1 million–well over the $9.5 million ask–after a bidding war between developers Naftali Group and Toll Brothers in February. The former emerged victorious, though rumor has it that both parties may have plans for amassing properties on the prime Upper East Side block.
The furnished townhouse is now seeking a short- or long-term tenant to fork over $50,000 a month for the privilege of dwelling on its four renovated floors of five-bedroom spaciousness. The 5,250-square-foot 1910 house has been completely furnished with no detail left unfinished, and since it’s managed by onefinestay, renters won’t have to pay utilities and get to enjoy perks like hotel-grade linens and towels, maid service, 24/7 concierge services, and iPhones with unlimited local calls and curated property and neighborhood information.
Quintessential Upper East Siders Donna and Hayward Pressman, who bought the home for a somewhat mind-boggling $745,000 in 1996, certainly saw a tidy profit in the sale. The interiors look a bit more modern and streamlined in the rental listing–perhaps they got a bit of a once-over when the property changed hands–but it appears as if the Pressmans did most of the heavy lifting as far as renovation, including central air, landscaping and plenty of bells, whistles, granite and marble in kitchens and baths.
Entry on the first-floor garden level leads to a sleek granite-topped chef’s kitchen with custom maple cabinetry and top-of-the-line stainless steel appliances. The dining room opens dramatically to the second floor creating a double height ceiling and allowing for sunlight to flood in.
A tranquil, landscaped backyard is a private sanctuary in bustling Manhattan, perfect for alfresco dining or just a moment of daily meditation.
The second floor was “designed for extreme comfort and entertainment.” A library/living space lined with built-in bookshelves is indeed an extremely comfortable chill-out zone framed by full-height south-facing windows.
The second-floor living space extends to the rear of the home and showcases the dining room and rear garden below via French doors and a Juliet balcony.
The third floor is dedicated to a full-floor master suite including a private lounge and adjacent light-filled master bedroom.
On the top floor of the townhouse are two more large, sunny bedrooms and more sets of French doors leading to the outside.
[Listing: 235 East 72nd Street by Steve Halpern and Albi Zhubi for Compass + onefinestay]
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Images courtesy of Compass
