Fifth Avenue townhouse sold for $7M above ask

TRD New York /
Aug.August 28, 2012 08:30 AM

It didn’t quite fetch the $15 million premium on its asking price some expected, but the townhouse at 815 Fifth Avenue did sell for $32 million, the Wall Street Journal reported, $7 million more than its $25 million asking price.

The six-story 10,000-square-foot building is reportedly the oldest structure in Manhattan on Fifth Avenue between 59th and 110th streets. Formerly a mansion, the property is now made up of 12 apartments and two offices, but it could be restored to its original state. Earlier reports indicated that restoration would justify the higher price.

Located between 62nd and 63rd streets, the townhouse has 25 feet of frontage on Central Park and has been owned by the same family, listed in public records as Carol Dowling and Robert Haskell, since the 1950s, when they paid $120,000 for it.

The property was listed by Darren Sukenik of Prudential Douglas Elliman and Sotheby’s International Realty brokers Roberta Golubock and Margaret Juvelier brought the buyer. The building was delisted from Streeteasy.com six days ago after 162 days on the market. [WSJ] — Adam Fusfeld


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Hong Kong

Foreign firms are vacating Hong Kong offices like never before

Foreign firms are vacating Hong Kong offices like never before
Lisbon, Portugal (Unsplash)

Lisbon might have solved its Airbnb problem

Lisbon might have solved its Airbnb problem
Ghislaine Maxwell and her New Hampshire estate (Getty, Greg Bruce Hubbard)

Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested

Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested
Amancio Ortega (Getty)

Spain’s richest man owns $17B in real estate

Spain’s richest man owns $17B in real estate
Juno CEO Jonathan Scherr and a rendering of the project 

Former Apple and Tesla employees launch mass production development company

Former Apple and Tesla employees launch mass production development company
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...