A double-wide mansion on the Upper West Side traded for nearly 50 percent off — but still managed to set a new record for the neighborhood.
The home at 48-50 West 69th Street sold for $45 million, a significant markdown from its last asking price of $85 million, according to public records. Despite the hefty discount, the sprawling abode eclipsed the Upper West Side’s previous priciest townhouse deal, set in 2022 when a deal for the home at 248 Central Park West closed for $26 million.
French investor Pierre Bastid and his wife, jazz singer Malou Beauvoir, found a buyer for the 42-foot-wide property in June, roughly two years after they first put it on the market. The couple built the megamansion after spending a combined $24.5 million on adjacent homes in 2011 and 2012.
The duo began demolition six years after the last deal closed, launching a lengthy and controversial construction process. In 2019, their quest to create the home landed in the New York Times after neighbors complained about construction noise, debris and disruptions to traffic.
The finished product includes five bedrooms and eight bathrooms spread across nearly 20,000 square feet. The home features double-height ceilings in the living and dining rooms, multiple wood-burning fireplaces and a terrace off the primary suite.
The garden level includes a fitness center and yoga studio, along with one of the rarest features of Manhattan townhouses: a 55-foot indoor lap pool.
Compass’ Jim St. Andre, Trevor Stephens and Michael Maniawski represented the sellers in the deal.
The buyer’s identity is shielded by an anonymous LLC, MI8787, which was also the buyer behind the $21 million purchase of a penthouse and parking space at 505 West 19th Street earlier this year.
The deal for the double-wide followed another notable townhouse sale, this one in Brooklyn Heights. Earlier this week, a 6,600-square-foot home at 192 Columbia Heights traded for $24.5 million, marking the most expensive sale to close in Brooklyn so far this year.
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