Iris Cantor lists UES townhouse for $48.5M

Widow of Cantor Fitzgerald founder paid $18M in 2009

New York /
Dec.December 04, 2018 11:15 AM

Iris Cantor and 11 East 74th Street (Credit: Iris & B. Gerald Cantor Foundation)

Iris Cantor, the philanthropist and widow of Cantor Fitzgerald founder Bernie Cantor, is looking to make good on an Upper East Side townhouse she purchased for just over $18 million in the throes of the recession.

Cantor listed the 20-foot limestone mansion at 11 East 74th Street for $48.5 million — 169 percent more than she paid in 2009.

Originally built in 1869, the six-story house is located between Fifth and Madison avenues. According to the listing, Cantor gut renovated the property from top to bottom: it now features six master suites, two formal salons for entertaining, multiple kitchens and a garden. On the top floor, there is a home theater, skylight gym and bar area that leads to a terrace with Central Park views. At 10,800 square feet, the asking price works out to $4,491 per foot.

The listing broker is Larry Kaiser, who joined Berkshire Hathaway HomeServices New York Properties last year and who’s worked with Cantor in the past.

When Cantor nabbed the house in 2008, it had already been on the market for three years, with an original asking price of $35 million. The seller was preparing to offer it at auction, before Cantor stepped in.

Two years after buying the Manhattan house, Cantor sold her 35,000-square-foot Bel-Air mansion for $40 million. It had been on the market for $53 million since 2009.


Related Articles

arrow_forward_ios
(Illustration by The Real Deal with Getty Images)
Home prices cooled at historic rate in July
Home prices cooled at historic rate in July
(Photo Illustration by The Real Deal with Getty Images)
Cooling Sun Belt markets lead canceled home contracts
Cooling Sun Belt markets lead canceled home contracts
30 Front Street & 294 Park Place (Streeteasy, Getty)
Brooklyn luxury market can’t shake slump
Brooklyn luxury market can’t shake slump
From left: 182 East 64th Street and 520 West 28th Street (Getty Images, Brown Harris Stevens, Godsfriendchuck, CC BY-SA 4.0 - via Wikimedia Commons)
Manhattan luxury contracts hold steady in September
Manhattan luxury contracts hold steady in September
Ryan Serhant
Ryan Serhant talks Compass, reality TV and more on TRD podcast
Ryan Serhant talks Compass, reality TV and more on TRD podcast
Frank Lloyd Wright with 1425 Valley View Drive (Getty, Re/Max)
Unique Frank Lloyd Wright home available … for now
Unique Frank Lloyd Wright home available … for now
A photo illustration of the Arizona Ghost Town Museum in Pearce, Arizona (Getty Images, Facebook/oldpearcepottery)
Night at the museum: Ghost town general store turned-home lists at $1M
Night at the museum: Ghost town general store turned-home lists at $1M
Ben Simmons and Olympia Dumbo (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and Olympia Dumbo)
Fortis’ Olympia Dumbo lures Brooklyn Nets star
Fortis’ Olympia Dumbo lures Brooklyn Nets star
arrow_forward_ios

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

Loading...