Jeffrey Epstein’s NYC, Palm beach mansions hitting the market

Luxury properties reportedly asking a total of $110M

National /
Jul.July 23, 2020 10:31 AM
Jeffrey Epstein and his former homes in New York and Palm Beach (Getty, Google Maps)

Jeffrey Epstein and his former homes in New York and Palm Beach (Getty, Google Maps)

Two luxury mansions that belonged to sex offender Jeffrey Epstein are reportedly going to be listed for sale.

The financier’s former townhouse at East 71st Street will ask $88 million, according to the Wall Street Journal. His compound in Palm Beach will be listed for $21.995 million.

Epstein, who died by suicide last year, owned multiple luxury properties across the world. More of them are also expected to be listed, according to the Journal.

Epstein was facing federal charges for sex trafficking at the time of his death in a Manhattan jail cell, and his estate is the subject of several civil claims. A representative said that sale proceeds will be subject to claims against the estate, including those from alleged victims. A fund was also set up by the estate to handle claims outside of court.

The East 71st Street property, previously owned by Leslie Wexner, would set a record for townhomes if it fetches the reported asking price. Adam Modlin of Modlin Group has the listing.

The Palm Beach property was purchased by Epstein in 1990 for $2.5 million, according to property records. Spanning some 14,000 square feet, it features a main house with six bedrooms and a staff house with three bedrooms. It is about a mile away from President Donald Trump’s Mar-a-Lago club.

It remains to be seen whether Epstein’s infamy and crimes that may have occurred in the homes will affect their eventual sale prices.

“I believe the past ownership of the property will bear no relationship to its future,” said Corcoran Group’s Kerry Warwick, who has the listing. “The location and what can be done with it is really what matters.” [WSJ] — Sylvia Varnham O’Regan


Related Articles

arrow_forward_ios
PHE at 51 Jay Street and 4 Hunts Lane (Compass)
Dumbo penthouse leads Brooklyn’s luxury market
Dumbo penthouse leads Brooklyn’s luxury market
605 3rd Street and Casper's Luke Sherwin (Leslie Garfield, Getty)
Firm offer: Casper co-founder pays $500K over ask in Park Slope
Firm offer: Casper co-founder pays $500K over ask in Park Slope
The penthouse in Lightstone's 40 East End with developer David Lichtenstein (Lightstone)
After early-July lull, Manhattan luxury deals are on the upswing again
After early-July lull, Manhattan luxury deals are on the upswing again
London luxury homes sell at feverish pace
London luxury homes sell at feverish pace
London luxury homes sell at feverish pace
Bess Freedman
Watch Bess Freedman’s Master Class
Watch Bess Freedman’s Master Class
50 Hicks Street and 170 Carroll Street (Photos via Compass, Leslie J. Garfield)
Brooklyn sees 21 luxury contracts signed — again
Brooklyn sees 21 luxury contracts signed — again
30 Park Place PH78A and 67 Vestry Street (StreetEasy, CityRealty)
$45M penthouse helps Manhattan’s luxury market rebound from five-month low
$45M penthouse helps Manhattan’s luxury market rebound from five-month low
429 East 52nd Street
Corporate tenants ride motorcycles in a Midtown high-rise: lawsuit
Corporate tenants ride motorcycles in a Midtown high-rise: lawsuit
arrow_forward_ios

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

Loading...