Step inside a piece of New York City's elite history with this stunning townhouse, a residence that will leave you in awe. But who would pay $45.5 million for a home?
This neo-Georgian masterpiece, located in the heart of the Upper East Side, was crafted by none other than Charles A. Platt, the renowned architect who designed homes for the Astors and the Roosevelts. Its story begins in 1904 when Dr. Frederick S. Lee, a prominent Columbia University doctor and president of the New York Botanical Garden, commissioned this architectural gem.
And here's where the property's past gets intriguing. In 1944, Henry Luce, the founder of Time magazine, generously gifted the townhouse to the China Institute, and it became known as "China House" for seven decades. Fast forward to 2014, and this iconic property entered the market for a cool $32 million. After a lengthy seven-year wait, it finally sold for $16.8 million in 2021, only to undergo a complete gut renovation.
But here's where it gets controversial. The new owner, whose identity remains undisclosed, has now listed it for a staggering $45.5 million. The residence boasts an impressive 14,346 square feet of living space, featuring six bedrooms, seven bathrooms, and a plethora of luxurious amenities. Imagine waking up in the main bedroom suite, occupying an entire floor, with its own fireplace, two dressing rooms, and spa-like baths.
The attention to detail is remarkable. The home now showcases new floors, windows, and a dedicated wellness floor with a steam room, sauna, spa showers, and even a cold plunge pool. The parlor level welcomes you with a cozy den and a chef's kitchen overlooking the lush garden. The formal dining room, with its grand fireplace, can accommodate elegant dinners for 16. And the living room? A breathtaking space with 11-foot beamed ceilings, oak herringbone floors, and French doors opening to the outdoors.
The townhouse also made a recent appearance in the 2024 Kips Bay Decorator Show House New York, adding to its allure. However, this listing won't be featured in the second season of Netflix's "Owning New York," which offers a behind-the-scenes look at Ryan Serhant's brokerage firm.
So, what do you think? Is this historic townhouse worth the hefty price tag? Are you team extravagant or team practical? Share your thoughts in the comments, and let's discuss!
