New York City’s priciest townhouse sets another record after $90M sale

Posted On Thu, February 15, 2018 By

Posted On Thu, February 15, 2018 By In Recent Sales, Upper East Side

Billionaire Len Blavatnik has broken the city’s record for the most expensive townhouse after paying $90 million for an Upper East Side mansion, according to the New York Post. The seller, HNA Group, sold the home at 19 East 64th Street after recently picking it up in April for $79.5 million, a record at the time. Blavatnik, a music executive who already owns a home on 64th Street and paid $80 million for a home at 834 Fifth Avenue, has an estimated net worth of around $20.5 billion.

19 East 64th Street via Wikimedia

The Gilded Age limestone townhouse, measuring 25,000 square feet and spanning 41 feet wide, belonged to billionaire art dealer David Wildenstein. In November of 2016, the pad hit the market for $81 million and ultimately was sold for $79.5 million a few months later. Before that sale, the Harkness Mansion at 4 East 75th held the record for most expensive townhouse after selling for $53 million in 2006.

Blavatnik sued Wildenstein in 2016 claiming he used his $79 million to tempt a competing buyer to offer a bigger deal. In his suit, he sought a forced sale of 19 East 64th or $10 million in reparations. The judge tossed the lawsuit.

Designed by Horace Trumbauer in 1932, the townhouse sits a block from Central Park and features a paneled elevator, 20-foot ceilings, a dramatic staircase and a third-floor salon that was taken from the 18th-century home of a Parisian prince.

[Via NY Post]

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Neighborhoods : Upper East Side

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