Biggest Townhouse Sales in the East 70’s 2015

Posted January 6th, 2016

With the year coming to an end, let’s take a moment to look back on the three of the most expensive residential townhouse transactions in the East 70’s during 2015.

The third most expensive residential transaction in the neighborhood was the sale of Brandeis University's alumni house located at 12 East 77th Street for $32M back in February. The house, a 25’ wide property in need of renovation, was owned by the university for over half a century before they decided the house was too small for the university's growing alumni population in NYC. The second most expensive sale was the sale of 41 East 70th Street. This 28’ wide home has traded hands three times in the past three years: In 2012 the property sold for $25M, in 2013 the property sold for $32M and most recently sold for $33M. The most expensive sale in the neighborhood was 125 East 70th Street which closed at the beginning of the year for $37M . This rare, 40’ wide, 11,000 square foot home was designed by Bunny Mellon in the French classic style. The Mellons sold the property in 2006.

Currently there are two houses on the market in the East 70's above $30M. 7 East 76th Street is asking $50M while 39 East 72nd Street is asking $42. Could one or both of these make the top three for 2016?

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