Making money really is art: Warhol haunt trades for $5.5M

TRD New York /
Sep.September 18, 2013 05:38 PM

Proving yet again that being good in business is the most fascinating kind of art — as Andy Warhol once quipped — an Upper East Side townhouse once belonging to the king of Pop Art has sold for $5.5 million.

The most recent owners of the four-bedroom home at 1342 Lexington Avenue owned the home for a mere two years, after buying it for $3.5 million in 2011.

“The value of a home with such history is just unbeatable,” Liz Chiang, the Halstead Property broker who represented the unnamed buyer, told the New York Daily News. Glenn Minnick and Jeannette Bernstein of Brown Harris Stevens represented the seller.

Warhol lived in the home from 1950 to 1974, during which time he turned out his famous Marilyn Monroe and Mao Zedong silkscreens. The home was designed by Henry Hardenberg, Also Behind The Plaza Hotel and the Dakota co-ops. [NYDN]Julie Strickland

Related Articles


Luxury real estate anyone? US Open stars and their palatial pads

Lena Dunham and 60 Broadway (Credit: Getty Images)

Lena Dunham’s “massive real estate mistake”

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

October Issue is Live

The Real Deal‘s October issue is now available to subscribers!

Playing the real estate game: College athlete bill could mint young millionaires and homebuyers

Judith and Rudy Giuliani Rudolph and Judith Giuliani are divorcing after 16 years. (Credit: Getty Images, Trulia, Highrises)

Luxury properties at play in Rudy Giuliani’s ugly divorce

Luca Orlandi and Felipe Dutra (Credit: Getty Images and Google Maps)

Designer Luca Orlandi sells UES townhouse for $27M