Producer Bob Weinstein makes no profit on $15M Upper West Side townhouse sale

Posted On Mon, December 11, 2017 By

Posted On Mon, December 11, 2017 By In Celebrities, Recent Sales, Upper West Side 

Bob Weinstein, founder of Dimension Films and co-founder of Miramax Films, which he started with his brother, disgraced producer Harvey Weinstein, has all but broken even on the sale of his Upper West Side townhouse. He bought the huge home at 39 West 70th Street for $15 million back in 2009 with ex-wife Annie Clayton. They listed it for $19 million last February and then dropped the price to $17.9 million earlier this month, but city records published today show that it was sold again for $15 million. Not only did the buyer get a bargain, but they’ll get to enjoy the home’s period details, rear garden, terraces, roof deck, and a gym with a half-sized basketball court.

The 6,608-square-foot home was built in 1910 and though it underwent a total gut renovation, it retains historic details such as wide-plank flooring, moldings, five gas fireplaces, and the original five-story oak staircase.

In addition to the garden, terrace, two balconies, and roof deck, the house boasts five bedrooms, an elevator, and the aforementioned gym with basketball court on the fifth floor.

The buyer is not known as they purchased through an LLC. Bob Weinstein, who is now the head of Miramax following the countless allegations against brother Harvey, is also trying to sell a duplex penthouse at the Beresford on Central Park West. He bought that property for $20 million in 2004 and listed it for $29.5 million in September. It seems as though he’s eager to unload his real estate portfolio amid the scandal, so it wouldn’t be a surprise if he accepts a much lower offer on that home, too.

[Listing: 39 West 70th Street by Deborah Grubman, David Adler, and Paul Albano of the Corcoran Group]

All images courtesy of the Corcoran Group

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Neighborhoods : Upper West Side

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