It unseats Brooklyn's previous most expensive home - a $35 million, 25,500-square-foot townhouse in Williamsburg - by $5 million.
The mansion is nearly 17,500 square feet with 9,000 square feet of garden space. It has 16 bedrooms, 16 bathrooms, and a whopping 50 rooms.
According to a report in the Wall Street Journal, retired banker and former president of Republic New York Corp Jeff Keil bought the property back in 1991 for $2.3 million. The WSJ reports that he wants to spend more time at his Florida home, but that "he'll miss the large Thanksgiving gatherings - 34 people around a table - in their Brooklyn apartment."
Time will tell if the mansion is able to sell at its staggering price point. A home in Brooklyn's Mill Basin area that was built by a mobster and owned by a Russian heiress was ruthlessly price chopped from $30 million to $17 million after being unable to find a buyer.
Vicki Negron of Corcoran Group Real Estate has the listing.