$30M home could be Upper West Side’s most expensive townhouse

Six-story home at 248 Central Park West tried to sell for $29M pre-pandemic

New York /
Dec.December 30, 2021 04:15 PM

From left: Ileana Lopez-Balboa of Corcoran and Charlie Attias of Compass in front of 248 Central Park West (Corcoran, Compass, StreetEasy)

The buyer of a historic home on the Upper West Side could soon be the owner of the priciest townhouse in the neighborhood.

A townhouse at 248 Central Park West asking $30 million went into contract this week, per Compass. If the sale closes, it would make the property the most expensive townhouse sold on the Upper West Side, according to appraisal firm Miller Samuel.

The last time the home tried to sell at this price point was in 2018, when Sotheby’s International Realty broker Michael Sieger tried to market the home for $29 million, the New York Times reported. The home was taken off and put back on the market, ultimately selling for $16.25 million in 2019, property records show.

Two years and an ongoing pandemic later, the housing market changed — and so did the house. The newly renovated home was listed by Corcoran in mid-September asking $30 million. Less than three months later, a buyer was ready to sign the fine print.

Compass’ Charlie Attias, who represented the unnamed buyer, said the sale is evidence the Upper West Side “is a pretty healthy market.” He posited the deal would define a neighborhood benchmark that would spur more broken records in the future.

Spanning nearly 10,000 square feet, the six-story home has six bedrooms, though the layout can be reconfigured to accommodate up to eight. It has seven full bathrooms and two half-bathrooms, as well as a 1,875-square-foot wellness center with a heated lap pool, jacuzzi, sauna and hydrotherapy steam and massage shower.

The home underwent major renovations over the past two years, ones that had eco-friendly non-toxic materials. Other features include a virtual doorman, a new security system and a dehumidification system.

The home is one of the last three single family homes on the avenue and was built by developer William Noble in 1887. Guests over the course of its 134-year history included the relatives of Generals Robert E. Lee and Ulysses S. Grant, who visited the wealthy colonel who owned the home in the years after the Civil War.

Corcoran’s Ileana Lopez-Balboa represented the seller. Corcoran declined to comment for this story.





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