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An $88 million mansion in NYC with a panic room and a Versailles-inspired dining room has gotten a $26 million price chop and it's still not selling - take a look inside
An $88 million mansion in NYC with a panic room and a Versailles-inspired dining room has gotten a $26 million price chop and it's still not selling - take a look inside
Katie WarrenApr 3, 2019, 18:35 IST
Brown Harris Stevens
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A townhouse on New York City's Upper East Side is on the market for $88 million.
The 20,000-square-foot mansion includes a panic room, a saltwater pool, and a Versailles-inspired dining room.
The opulent home has been on and off the market since 2013, when it was initially listed for $114 million.
The listing agent says "there is no other property like this available in New York."
An opulent mansion in New York City with a panic room and a Versailles-inspired dining room has been on and off the market for nearly six years. Originally asking $114 million, the townhouse at 12 E. 69th Street is now for sale for $88 million.
Listing agent Paula DelNunzio of Brown Harris Stevens said the mansion is the only 40-foot wide house with a 20,000-square-foot interior that has been on the market in totally renovated condition. Other similarly wide houses for sale in Manhattan have needed extensive renovations, she says.
"The scale of the interior rooms is beyond belief and without compare as there are four of the most remarkable rooms ever seen in a New York mansion," DelNunzio told Business Insider.
In 2017, a buyer was in contract to buy the home for $80 million, The Real Deal reported. But the deal fell through, so the house went up for rent for $175,000 a month before being re-listed for $88 million.
Here's what the $88 million house looks like inside.
As the listing specifies, there's water filtration throughout the whole house. The house also comes with a security system with cameras, not to mention heated sidewalks for automatic snow removal.
It opens to a rotunda with 28.5-foot ceilings.
The home's "interior design concepts are typical of the great mansions of Europe and of Stanford White in America," listing agent Paula DelNunzio of Brown Harris Stevens told Business Insider.
"The original architect of this mansion, William Bosworth, worked on the Rockefeller family estate, Kykuit in Tarrytown, and under the auspices of John D. Rockefeller Jr, Bosworth was commissioned to restore the Palace of Versailles, France," Stevens continued.
A hidden door off the main hallway leads to the double-height library and office with 24-foot ceilings.
A colorful mural is painted on the library's ceiling.
On the garden level, an additional entrance to the library offers private access to the office.
"The scale of the interior rooms is beyond belief and without compare as there are four of the most remarkable rooms ever seen in a New York mansion," listing agent Paula DelNunzio told Business Insider.
On the same level is the formal dining room, which was inspired by the Palace of Versailles in France and can accommodate more than 40 people for a sit-down meal.
The original architect of the home, William Bosworth, was also commissioned to restore the Palace of Versailles, according to DelNunzio.
The house includes two bedrooms on the fourth level, and a master bedroom suite with a large sitting room and two full baths on the fifth level.
The movie theater spans two levels and includes 12 plush, red velvet chairs.
In total, the apartment spreads across six floors, according to the listing, culminating in a 2,650-foot rooftop that has a garden — and views of Central Park.
