118 East 76th Street

Recent Sales, Upper East Side

Listing photos courtesy of Douglas Elliman

The townhouse might’ve sold for $14 million under its asking price, but it’s still one of the biggest sales to come through since the coronavirus crisis hit NYC. Owner and big-time real estate developer Joseph Chetrit first listed the double-wide home at 118 East 76th back in 2017 for $39 million. The Wall Street Journal, who learned of the sale from a source close to the deal, notes that the Upper East Side home went into contract “for a significantly larger amount” but “was renegotiated due to the market tumult caused by the pandemic.” The lavish home boasts a top-floor indoor pool with a glass-enclosed gym that overlooks it, an elevator that stops at all six floors, a cigar bar, and a patio with an outdoor kitchen and living area.  Read more

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Archtober2020