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  • Welcome2TheBronx

    SEE IT: NYC's most expensive townhouse hits the market for $85 million

    2024-05-30

    While Welcome2TheBronx is a news site dedicated to reporting on what's going on in The Bronx, occasionally something comes up across New York City that's worth mentioning.

    It's not every day that a townhouse in New York City of this size and grandeur comes on the market and when the price is of historic proportions, we are compelled to write about it.

    48-50 West 69th Street on the Upper West Side in Manhattan just steps from Central Park and a few blocks from Lincoln Center, was recently listed for sale for a whopping $85 million making it the most expensive townhouse currently on the market in New York City as per listings available on StreetEasy.

    https://img.particlenews.com/image.php?url=4MPoEv_0ta0o0yy00
    The penthouse wet bar area at 48 West 69th StreetPhoto byVia Compass Realty

    Originally two separate town houses constructed in 1910, the buildings were completely gutted and demolished save the landmarked exterior façade and combined to become one of the largest single family homes in Manhattan.

    Now, the 21 room, 8 level home features five bedrooms, eight full bathrooms, and three powder rooms spread across 19,600 square feet including a lap pool.

    https://img.particlenews.com/image.php?url=4Dc2UE_0ta0o0yy00
    The 50 foot lap pool at 48 West 69th StreetPhoto byVia Compass Realty

    The primary bedroom, at over 2,000 square feet, is over twice the size of the average New York City apartment and roughly the size of the average American home, and features two full bathrooms, two generously sized dressing rooms, a terrace, and even a study.

    The homes were originally purchased by Pierre Bastid, a businessman based in Paris and his wife Malou Beauvoir for combined price of $24.5 million over a decade ago between 2011 and 2012 and when they began demolition of the old property and construction of the new home, they reportedly created a nightmare for surrounding neighbors — an issue that was extensively reported on by The New York Times in 2019.

    According to The New York Times, back then, one neighbor described the situation as:

    “‘Noise’ isn’t strong enough,” he said of the din, by which he must now read exegeses and grade exams. “‘Mindless hell and chaos’ would be better.” I asked him whether any of the great philosophers had something useful to say on what he’s enduring. “Schopenhauer argued that the higher your tolerance for noise, the lower your intelligence,” he replied. So was he getting stupider? “I wouldn’t be surprised,” he said. “I hope to outlive this. I may not.”

    That Noise? The Rich Neighbors Digging a Basement Pool in Their $100 Million Brownstone - The New York Times, April 5, 2019

    After everything that neighbors had to endure during the construction of this mammoth home, the owners barely ended up living there.

    https://img.particlenews.com/image.php?url=1e5ezO_0ta0o0yy00
    Classic Manhattan skyline views from the top of 48 West 69th StreetPhoto byVia Compass Realty

    If the home ends up selling at asking, it will be one of the most expensive townhomes in New York City real estate history.

    Meanwhile, back in The Bronx, the most expensive single-family home on the market is selling for a mere $6.5 million up in, where else, but Fieldston.


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