A double-wide mansion on the Higher West Facet traded for practically 50 % off — however nonetheless managed to set a brand new report for the neighborhood.
The house at 48-50 West 69th Avenue bought for $45 million, a significant markdown from its final asking worth of $85 million, in response to public data. Regardless of the hefty low cost, the sprawling abode eclipsed the Higher West Facet’s earlier priciest townhouse deal, set in 2022 when a deal for the house at 248 Central Park West closed for $26 million.
French investor Pierre Bastid and his spouse, jazz singer Malou Beauvoir, discovered a purchaser for the 42-foot-wide property in June, roughly two years after they first put up for sale. The couple constructed the megamansion after spending a mixed $24.5 million on adjoining houses in 2011 and 2012.
The duo started demolition six years after the final deal closed, launching a prolonged and controversial building course of. In 2019, their quest to create the house landed within the New York Occasions after neighbors complained about building noise, particles and disruptions to visitors.
The completed product consists of 5 bedrooms and eight bogs unfold throughout practically 20,000 sq. ft. The house options double-height ceilings within the dwelling and eating rooms, a number of wood-burning fireplaces and a terrace off the first suite.
The backyard degree features a health middle and yoga studio, together with one of many rarest options of Manhattan townhouses: a 55-foot indoor lap pool.
Compass’ Jim St. Andre, Trevor Stephens and Michael Maniawski represented the sellers within the deal.
The customer’s identification is shielded by an nameless LLC, MI8787, which was additionally the client behind the $21 million purchase of a penthouse and parking area at 505 West nineteenth Avenue earlier this yr.
The deal for the double-wide adopted one other notable townhouse sale, this one in Brooklyn Heights. Earlier this week, a 6,600-square-foot dwelling at 192 Columbia Heights traded for $24.5 million, marking the costliest sale to shut in Brooklyn up to now this yr.
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