Say you’re shopping around for a 1916-vintage, neo-French-Renaissance limestone manse dripping with magnificence and fireplaces (eight!), as well as the je ne sais quoi that comes with shattering New York real estate records.
If so, the Upper East Side mansion commissioned by retail emperor Frank Woolworth has got your number: $90 million.
The ineffably lavish 4 E. 80th St. residence off Fifth Avenue has been available for rent since early September for $150,000 per month, but now nickel-and-dime devotees have the option of buying. The fully renovated seven-story, 35-foot-wide home is the priciest townhouse on the market and could break the record for most expensive townhouse ever sold in New York City.
The original details have been restored in the mansion, which includes a sweeping parlor floor, a dining room that seats over 50, wood-paneled library, service elevator for all levels and a grand master staircase that reminds us of the ballroom sequence in Beauty and the Beast.
“Tale as Old as Time” aside, the Woolworth Mansion’s asking price translates to roughly $4,500 per square foot, which Del Nunzio compared to the One57 penthouse that traded for $90 million, or almost $10,000 per square foot.
“The house appeals to international buyers and we’re getting inquiries from around the world,” she told Crain’s. “I can’t say whether we will rent or sell first.” A renter would have to commit to a minimum lease of two years at $150,000 per month.
The current record for most expensive townhouse sold belongs to Harkness Mansion at 4 E. 75th St., which traded for $53 million in 2006, before the recession. A seven-bedroom unit up for grabs at the Sherry-Netherland co-op in south Central Park is asking for $95 million, and there are two condos — one at 15 Central Park West, one at 50 Central Park South — also listed for $95 million.
Gander at the below photographs of the Woolworth Mansion, courtesy of Brown Harris Stevens, and ponder this: For $90 to $95 million, would you go condo, co-op or townhouse? Or are we comparing gilded apples to gilded oranges?