A five-and-a-half-story town house at 26 East 73rd Street, between Fifth and Madison Avenues, sold for $21 million, the biggest sale of the week, according to city property records.
The town house, located in a historic district on the Upper East Side, is 21 feet wide with a classic limestone facade and a columned entry portico. It has five bedrooms, five full baths and two half baths, a full-height basement, an elevator, five fireplaces, a sweeping staircase and a rooftop garden that offers views of Central Park and the towers of the San Remo apartments.
It was listed for $23 million in mid-2011 as a co-exclusive by Paula Del Nunzio of Brown Harris Stevens and Serena Boardman and Meredyth Smith of Sotheby's International Realty, and it went into contract nearly a year later, in May. The agents declined to identify the sellers, who were listed in city records under a limited partnership, Central Park East. The buyer s were represented by John Burger and Nancy J. Elias, both of Brown Harris Stevens. The buyers also opted for anonymity through a limited liability company.
The house, which was once home to George Doubleday, chairman of Ingersoll-Rand Company, last sold in 2007, for $18 million, after an extensive renovation by Christopher B. O'Malley and Wendy Flanagan, who bought it for $6.5 million in 1999. Peter Pennoyer, who specializes in classical architecture, handled the redo in 2005.
Mr. Pennoyer said it might shock current buyers that the town house was built in the 1890s as a spec house. It was designed by Alexander McMillan Welch, a New York architect trained in the Beaux-Arts tradition.
âIt's not what you'd get now as a spec house,â he said.
Ms. Smith of Sotheby's said this latest sale was indicative of the current market, with âproperties in prime locations that are in mint condition selling strongly.â
Big T icket includes closed sales from the previous week, ending Wednesday.
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