December 11, 2017
A 20,000-square-foot Upper East Side mansion--complete with its own red velvet movie theater, panic room, and double-height library, has entered contract priced at $80 million. And according to the Wall Street Journal, if it closes at that price the property will become the most expensive townhouse ever sold in New York City. The sale would beat out a record set just this year, when the 25,000-square-foot, 41-foot-wide townhouse at 19 East 64th Street belonging to art heir David Wildenstein closed for $79.5 million. This home, located at 12 East 69th Street, came on the market in 2013 for roughly $114 million but was delisted after a price cut to $98 million in 2014.
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