Upper East Side townhouse sells for $53.5M
Developer’s converted 18K-sf home is Manhattan’s costliest townhouse sale this year
New York City’s biggest townhouse sale this year wasn’t Jeffrey Epstein’s former Upper East Side mansion. It was an office building turned single-family home two blocks away.
Real-estate investor David Levinson, chairman and CEO of L&L Holding, has closed on the sale of his Upper East Side row house at 11 East 69th Street for $53.5 million, according to newly released property records. The contract signing was reported in March, pegged at “over $50 million” by the New York Post.
Epstein’s former mansion had been the priciest townhouse sale of 2021, according to appraiser Jonathan Miller, who authors a sales report for Douglas Elliman. The 28,000-square-foot home went for $51 million in March to a former Goldman Sachs executive.
Both sales could be overtaken if a reported deal for Vince Viola’s townhouse at 12 East 69th Street closes. It reportedly was in contract for about $60 million.
Levinson purchased the six-story property across the street in 2004 for $9.5 million when it was an office building for the nonprofit organization American Friends of the Hebrew University. He spent $20 million renovating it over two years, converting it to a single-family home, according to a source.
The 18,000-square-foot, 32-foot-wide limestone has six bedrooms and 10 bathrooms, according to the source.
Amenities include a library, garden, rooftop terrace, media room, office, gym, two elevators and a solarium on the roof, the source explained.
The exclusive listing was an off-market deal. Broker Adam Modlin represented the Levinsons and the buyer, which was previously reported to be a New York-based family. Modlin declined to comment.