{"id":1073,"date":"2026-06-02T18:39:44","date_gmt":"2026-06-02T18:39:44","guid":{"rendered":"https:\/\/metrotransitreview.com\/?p=1073"},"modified":"2026-06-02T18:39:44","modified_gmt":"2026-06-02T18:39:44","slug":"exclusive-nyc-mansion-asking-record-85m-finds-a-buyer-as-the-ultra-wealthy-flock-to-homes-of-rare-scale","status":"publish","type":"post","link":"https:\/\/metrotransitreview.com\/?p=1073","title":{"rendered":"Exclusive | NYC mansion asking record $85M finds a buyer \u2014 as the ultra-wealthy flock to homes of rare scale"},"content":{"rendered":"
\n

The well-heeled are doubling down on double-wide mansions.<\/p>\n

The latest?\u00a0<\/p>\n

A 41.5-foot Upper West Side combined townhouse \u2014 whose width makes it a mansion by local standards \u2014 asking a record $85 million that has gone into contract. Its final sale price isn\u2019t yet known, but should it sell for that sum, it will rank as the city\u2019s priciest townhouse sale in history, according to StreetEasy records. And it comes just weeks on the heels of another multimillion-dollar townhouse transaction downtown.<\/p>\n

Read more Dem Rep. Jimmy Gomez confesses to cheating on wife after Post expos\u00e9 sparked House investigation<\/a><\/p>\n

Just off of Central Park, 48-50 W. 69th St. spans 19,600 square feet in 25 rooms across eight levels with multiple oversized outdoor entertaining areas throughout. The home includes a 2,000-square-foot full-floor primary suite, woodburning fireplaces, a 55-foot indoor lap pool, a Jacuzzi, a fitness center and a yoga space.\u00a0<\/p>\n

Bigger seems to be better.<\/p>\n

\u201cThere is a demand at the uber trophy level for extraordinarily large, beautifully renovated properties,\u201d said luxury real estate broker Donna Olshan, president of Olshan Realty, who noted in her firm\u2019s weekly report that the West 69th Street deal was the priciest among 32 contracts signed last week for Manhattan homes priced at $4 million or more. \u201cThe amount of wealth at the very top is mind boggling. There always seems to be a buyer for a rare property, painting, car, collectible.\u201d\u00a0<\/p>\n

The seller purchased the two neighboring townhouses on West 69th Street for $24.5 million in 2012 and combined them into a single-family townhouse, Mansion Global reported. That doesn\u2019t mean the combination was easy or well-received by neighbors. French businessman Pierre Bastid and his jazz-singer wife Malou Beauvoir reportedly rankled their neighbors during the seven-year process \u2014 some of whom moved elsewhere due to feeling fed up with the significant excavation the couple undertook.<\/p>\n

Its listing agent Jim St. Andr\u00e9 of Compass assured The Post, \u201cIt\u2019s a record-setting price. It sets a new bar for townhouses across the city.\u201d<\/p>\n

If it\u2019s anywhere near the asking price, 48-50 W. 69th St. would beat out the more than $70 million shelled out for a West Village double-wide townhouse in April \u2014 which combines two former walkups into a single residence \u2014 at 105-107 Bank St. That home spans roughly 13,000 square feet.<\/p>\n

\u201cThe double-wide market is in significant demand,\u201d said Leslie J. Garfield\u2019s Matthew Lesser, who listed the Bank Street house. \u201cWe are in contract to sell 34-36 E. 70th St. and recently sold 34-36 E. 63rd St. and 35-37-39 E. 63rd St.\u201d\u00a0<\/p>\n

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The 40-foot-wide \u201cHangar Club\u201d mansion at 34-36 E. 63rd St. sold in February for $46.75 million. <\/p>\n

The property at 35-37-39 E. 63rd St. is a 61-foot-wide mega-mansion split into seven ultra-luxury residential rental apartments that Lesser sold in March for $34.5 million.<\/p>\n

The Bank Street house is close in price to the downtown record $72.5 million Away\u2019s Jen Rubio and boyfriend Stewart Butterfield, CEO of Slack, paid for a combined townhouse in the same area in 2024.\u00a0<\/p>\n

It\u2019s not uncommon for the affluent to cobble together neighboring townhouses in a city with limited space.<\/p>\n

\n<\/div>\n

\u201cOver the past year Manhattan townhouse sales have expanded significantly in size, up 29.9% annually to 5,487 square feet,\u201d said market analyst Jonathan Miller.<\/p>\n

Manhattan\u2019s high-end market is going strong.<\/p>\n

\u201cThe market seems to be skewing towards larger-sized sales, a reflection of robust financial markets, and [an] expanding wealth gap,\u201d said Miller, director of markets for StreetMatrix real estate analytics platform. \u201cThe idea that price records are being broken seems to be a regular thing in the Manhattan housing market after exiting the pandemic era.\u201d<\/p>\n

Read more Hey, Zohran: Your \u2018new\u2019 magic housing plan has been failing for decades<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The well-heeled are doubling down on double-wide mansions.<\/p>\n","protected":false},"author":1,"featured_media":1072,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[],"class_list":["post-1073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"yoast_head":"\nExclusive | NYC mansion asking record $85M finds a buyer \u2014 as the ultra-wealthy flock to homes of rare scale - Metro Transit Review<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/metrotransitreview.com\/?p=1073\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive | NYC mansion asking record $85M finds a buyer \u2014 as the ultra-wealthy flock to homes of rare scale - 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