UWS Megamansion Snags Signed Contract, Asking $85M

An Upper West Side megamansion is poised to set a new townhouse deal record in the neighborhood — if it closes for its $85 million last asking price.

A buyer signed a contract to purchase the home at 48-50 West 69th Street, marking the priciest deal inked in Manhattan last week, according to Olshan Realty’s weekly report. The property was one of 32 homes in the borough to enter contract between May 25 and May 31, up from 29 in the previous period.

If the double-wide property closes for that amount, it would be the most expensive deal for a home on the Upper West Side, surpassing a townhouse at 248 Central Park West, which sold for $26 million in 2022. However, the deal will likely fall short of the citywide record holder, an Upper East Side abode that sold for $90 million in 2018.

The nearly 42-foot-wide abode wasn’t on the market when it entered contract, though it previously made headlines when it was listed for $85 million in March 2024. The listing was taken down seven months later.

French businessman Pierre Bastid and his wife, jazz singer Malou Beauvoir, paid a combined $24.5 million for the adjacent homes in separate deals that closed in 2011 and 2012. The couple demolished the properties in 2018 and embarked on a years-long construction project, which drew the ire of neighbors frustrated by the noise, debris and traffic disruptions caused by the work.

The 19,600-square-foot pad spans eight stories and has five bedrooms and 11 bathrooms. It also features an elevator, terrace, gym, jacuzzi and 55-foot indoor lap pool.

Compass’ Jim St. Andre, Michael Maniawski and Trevor Stephens had the listing when the home was previously on the market.

The second most expensive property to find a buyer for was a maisonette at 150 Charles Street, with an asking price of $21.5 million. The triplex, which hit the market in early May, last traded for $11.8 million in 2015.

The home spans 5,600 square feet and has four bedrooms and four bathrooms. It also features an elevator and a terrace. Amenities in the building include a fitness center, lap pool and garage.

Compass’ Holly Parker Brad Webb had the listing.

Of the 32 homes to enter contract last week, 21 were condos, six were co-ops and five were townhouses.

The properties were priced at a combined $322 million, which works out to an average of $10 million and a median of $6.4 million. The typical home was on the market for nearly two years and was discounted by 10 percent.