Fourth time’s the charm? A 20,000-square-foot townhouse on the Upper East Side with its own movie theater and a panic room has hit the market again for $88 million. While the palatial home at 12 East 69th Street went into contract last December for $80 million, which at the time would have been the most expensive townhouse ever sold in New York City, the deal fell through this summer. The seven-bedroom home, built in 1884, was previously listed in 2013 for $114 million and then for $98 million in 2014. But if you’re not ready to commit permanently to the mansion lifestyle, the home is also available to rent for $175,000.
12 East 69th Street
Google Streetview of 12 East 69th Street
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.
Most of us in Manhattan are lucky if we can find room to fit one, tiny bookshelf in our homes, so you can imagine our reactions when we saw the opulent, two-story library at 12 East 69th Street. Not only does it make us ashamed of our puny literature collections, but the room is at least three times the size of our apartments. The celestial ceiling mural, massive amount of black walnut built-in shelving, and custom spiral staircase are also making us green with envy. Non bookworms, have no fear–this house has an equally regal, double-height media room, which comes complete with sound-proof walls, rich wood paneling, a 12-foot screen, and plush velvet seats.