A home on Manhattan’s Upper East Side sold for $79.5 million, according to property records made public Wednesday, making it the highest price ever paid for a townhouse in the borough.
The 20,500-square-foot (1,905-square-meter) property, at 19 E. 64th St., had been owned by the Wildenstein family, billionaire art dealers whose gallery was located at the site for more than 80 years. The previous record for a Manhattan townhouse was the $53 million paid for 4 E. 75th St., in 2006, according to appraiser Miller Samuel Inc.
In 2014, the Wildenstein family signed a deal to sell its limestone-clad building to the government of Qatar for use as a consulate. But Qatar pulled out of the sale the day before the closing, and the family relisted the property for $100 million.
The building has three stories, accessible by elevator, and 20-foot (6.1-meter) ceilings, according to a description in a lawsuit brought by another would-be buyer. The plaintiff in that suit, Len Blavatnik’s Access Industries LLC, accused the Wildensteins of reneging on a verbal agreement to sell it the townhouse for $79 million after the Qatar deal fell through.
The broker marketing the property for the sellers was Carrie Chiang of Corcoran Group. The buyer is a limited-liability corporation called 19-21 East 64 Holding LLC, according to the property records.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.