A six-story commercial townhouse known as the Philip Lehman Mansion has changed hands for $40 million, according to the Corcoran Group and Jones Lang LaSalle, which brokered the deal.
An unnamed buyer snagged the landmarked 20,000-square-foot property at 7 West 54th Street, between Fifth and Sixth avenues. It hit the market as a sale and a rental in February, shortly after owner Lehm Holdings finished a $20 million renovation to restore the property to its original 19th century grandeur, as The Real Deal reported. It features copper-framed ocular windows, French doors and a bowed-stone balcony. [more]