Carhart Mansion duplex returns to market after four years

Parlor condo was bought in 2005 by Dennis and Karen Mehiel for almost $16M

New York /
Mar.March 04, 2020 03:00 PM
Dennis and Karen Mehiel with 3 East 95th Street (Photo by Will Ragozzino/Patrick McMullan via Getty Images; Sotheby's)

Dennis and Karen Mehiel with 3 East 95th Street (Photo by Will Ragozzino/Patrick McMullan via Getty Images; Sotheby’s)

A prominent Carnegie Hill duplex is back on the market — and with another price chop.

The 17-room unit starts on the parlor level of the landmarked Mrs. Armory S. Carhart Mansion. Its owner, cardboard magnate Dennis Mehiel, is asking $28.4 million almost four years after abandoning a previous attempt to unload it.

Mehiel and his wife Karen first put the 10,350-square-foot pad up for sale in 2008. In 2014 they sought $34.9 million — more than twice what they paid for it nine years earlier — and after a price cut, took the home off the market almost two years later, according to StreetEasy.

At its new price, a purchase would work out to almost $2,744 per square foot.

Sotheby’s International Realty’s Stan Ponte and Randall Gianopulos have the listing. Gianopulos referred questions to Sotheby’s press team, which did not immediately respond to a request for comment.

The Mehiels bought the sprawling home in 2005 for $15.8 million.

Tamara Mellon, the co-founder of luxury shoe brand Jimmy Choo, owns a duplex penthouse at the property. Mellon, who has her own eponymous luxury footwear line, has been trying to shed her Carhart Mansion unit since 2014. After several price cuts it is now seeking $25 million, per StreetEasy.

Designed by Horace Trumbauer, an internationally known architect of the Gilded Age, the seven-story, 87-foot-wide mansion at 3 East 95th Street dates to 1916 and was later converted into four condominium units.

Dennis Mehiel founded Box USA in 1966 and built it into the largest independent manufacturer of corrugated shipping containers before selling the company to International Paper in 2004. He stepped down as chairman of the Battery Park City Authority last June after six years on the board.

Curbed New York first reported the new listing.

Write to Mary Diduch at [email protected]


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