NYC townhouse sells to mystery buyer in $28M all-cash deal


A landmarked five-story Manhattan townhouse has sold for a whopping $28 million in an all-cash deal to a mystery buyer who never even visited the property.

The 21-foot-wide, 7,411-square-foot Italianate townhouse located at 14 East 11th Street along a tree-lined block in Greenwich Village is complete with five bedrooms, six full bathrooms, two partial bathrooms, a private elevator, and more than 1,400-square-feet of manicured gardens and terraces.

“It proves there is always a market for the exceptional,” Sotheby’s International Realty broker Jeremy Stein, who co-listed the property with his wife, Robin Stein, told The Post Thursday, adding, “There is an enduring, long-term appeal to the village and New York City.”

Jeremy added, “Our 3D virtual reality tours and video content played a critical role in the deal.”

The property hit the market over the summer for $28.5 million and the sale closed Wednesday, Mansion Global first reported.

“Even we do not know who the buyer is,” Jeremy told Mansion Global, explaining that the identity is shielded behind a limited liability corporation. “Keeping the identity secret was part of the negotiation. This is a rare request — and in our combined 33-year career, it’s the first time for us.”

The husband-and-wife brokerage team said it was the first time they had sold such a high-priced property to a buyer who did not physically step foot on the premises.

“We know this has happened in other parts of the country and that it’s done for new-construction condos in Manhattan, but it’s rare for this to happen with a single-family home in Manhattan,” said Jeremy.

The Steins said there were some showings of the turn-key home both over FaceTime and in-person after Labor Day, and that the property attracted prospective buyers from the West Coast and even Europe.

“We knew it would not sell in the summer, when many people are out of the city and on vacation, but we decided to list it then to create buzz,” Robin said.

The seller of the home is also hidden by a limited liability corporation, according to property deeds which show that the townhouse was last bought in 2017 for $21 million.

The one-of-a-kind townhouse, which features a wine bar, coffee room, gym and wood-burning fireplaces, recently underwent a two-year renovation.

The $28 million transaction on the home is still a few million shy from one of the biggest New York City real estate deals of the year.

Earlier this month, The Post reported that Melissa Schiff, the ex-wife of Robert Soros — who once ran his billionaire dad George’s $28 billion investment management firm — quietly sold her West Village townhouse for a staggering $31.5 million.

That four-story townhouse at 263 West 11th Street is 25-feet-wide and 6,650-square-feet.

And a West Village townhouse at 20 E. 10th Street that once belonged to Sarah Jessica Parker and Matthew Broderick recently sold for $15.85 million — down from its most recent asking price of $18.25 million.

Published by the New York Post

 

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