The Real Deal New York

$35M wanted for UES manse five months after $17M deal

Developer Zach Vella's wife sold the five-story home in July

November 18, 2014 12:53PM

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From left: Paula Del Nunzio, 58 East 66th Street on Upper East Side, Zach Vella and Nancy Vella (credit: BFANYC)

A Beaux-Arts limestone mansion on the Upper East Side that sold barely five months ago to a Connecticut-based investor for $17 million is back on the market for $35 million.

Nancy Vella, wife of developer Zach Vella and founder of boutique children’s store Florence Fancy, previously owned the 20-foot-wide, five-story townhouse known as the Arthur Sachs House. Vella listed it for $20 million, then sold it for $3 million less in July, as previously reported.

Paula Del Nunzio of Brown Harris Stevens now has the listing for the property, which is located at 58 East 66th Street, between Madison and Park avenues. The building boasts a swimming pool, gym and staff bedroom suite. The townhouse is undergoing a renovation that is expected to be complete by early next year.

The identity of the current owner is not known. [Curbed]Mark Maurer

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