Woolworth mansion cuts rental price to $150,000

New York /
Sep.September 04, 2012 01:30 PM

Manhattan’s priciest residential townhouse listing can now be rented for $150,000 per month, the Observer reported. The famed Woolworth mansion, located at 4 East 80th Street in the Upper East Side, hit the market a year and a half ago, asking $90 million or $210,000 a month. The rental price was first trimmed in April of last year to $165,000. The rent slash comes as competition for other astronomically priced residences, such as 15 Central Park West and 50 Central Park South, both boasting $95 million listings, hit the market.

“It would be the only renovated townhouse at this size on the market,” Paula Del Nunzio, who currently has the listing at Brown Harris Stevens, said.

The seven-story, 19,950-square-foot townhouse was one of three palatial homes built by Frank Winfield Woolworth for his daughters. The house was completed in 1916 by architect Charles Pierpont Henry Gilbert, and has flourishes like 14-foot ceilings, a 50-seat dining room, a wood-paneled library and a fifth-floor gym. Its most recent owner was popular exercise chain owner Lucille Roberts.

As The Real Deal previously reported, if the Woolworth mansion gets its asking price it would shatter the record for the most expensive residential townhouse sale in New York City history[NYO] – Christopher Cameron


Related Articles

arrow_forward_ios
Landlords were less likely to respond to renters they thought were African American or Latino. (iStock)
Landlords more likely to ignore applicants of color
Landlords more likely to ignore applicants of color
Terwilliger & Bartone managing partner Anthony Bartone and 461 Railroad Avenue in Westbury LI (Google Maps, Terwilliger & Bartone, iStock)
Westbury apartment project scores 20-year tax break
Westbury apartment project scores 20-year tax break
Light i-sales precede heavy eating
Light i-sales precede heavy eating
Light i-sales precede heavy eating
Secratary of the Treasury Janet Yellen (Getty, iStock)
Treasury Department to ease rent relief backlogs with reallocations
Treasury Department to ease rent relief backlogs with reallocations
(iStock)
Rents in New York and South Florida metros surged more than 30%, led nationwide rise
Rents in New York and South Florida metros surged more than 30%, led nationwide rise
How long does it take to lease an affordable housing project? Too long
Red tape keeping affordable units empty for 15 months
Red tape keeping affordable units empty for 15 months
Inventory is lighting a fire under rents (Getty)
Eviction bans squeezed supply, bringing rents to boil: report
Eviction bans squeezed supply, bringing rents to boil: report
Gov. Kathy Hochul, CHIP Executive Director Jay Martin, and RSA President Joseph Strasburg (Getty, Strasburg via Jeffersons Siegel)
Fudging the numbers? Landlords say NY gamed survey to save rent stabilization
Fudging the numbers? Landlords say NY gamed survey to save rent stabilization
arrow_forward_ios

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

Loading...