This hedge funder’s UES townhouse just hit the market for $39M

Philip Falcone's home at 22 East 67th Street spans 13K sf

Philip Falcone and 22 East 67th Street
Philip Falcone and 22 East 67th Street

Philip Falcone is ready for a bigger house.

The former hedge fund manager is listing his Upper East Side townhouse for $39 million, as he and his wife Lisa plan to move to a larger house nearby, according to the Wall Street Journal.

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The townhouse on the market, located at 22 East 67th Street, is 24 feet wide and five stories tall with 13,300 square feet of indoor space and 2,200 square feet of outdoor space. Amenities include a wine cellar, a rooftop terrace and a fireplace.

Falcone purchased the property in 2004 for about $10.4 million. He told the Journal that he and his wife spent about $6.5 million renovating the home. They now plan to move to another townhouse on the same street that they bought in 2008 for $49 million and have expanded to roughly 30,000 square feet.

The Modlin Group and Douglas Elliman are listing the property. [WSJ]Eddie Small