Palatial Beekman Place townhouse seeks $38M less than original asking price
Photos: Rise Media, Courtesy of Compass
The 12,000-square-foot Beekman Place townhouse was initially listed for $49.9 million
When the townhouse at 29 Beekman Place first hit the market in 2014, it’s asking price was just shy of $50 million. Even at that time, when the NYC housing market was gangbusters, a price chop was inevitable given the track of similar sales on the block.
It didn’t take all that long for it to happen: The eight-story mansion dropped its asking price by $12.4 million a year and a half later, only to see it gently decline over the years.
The 12,240-square-foot mansion came back on the market in 2017, at $28 million. Now, the property got another very significant price chop: It just re-listed with Compass, asking $11.45 million.
The listing photos highlight the townhouse’s truly lovely architectural details, like its paneled library and sitting room, oval-shaped dining room with seating for up to 18 (the listing, back in 2017 noted that “heads of state and foreign dignitaries from all over the world have dined in style” here), eight wood-burning fireplaces, opulent marble floors, and so on. By the numbers, the townhouse has ten bedrooms, nine bathrooms, and 1,500 square feet of outdoor space.
The townhouse is now listed on the market with Charlie Attias, Connor Ramage, and Ryan Loucas of Compass.
In New York City real estate, it’s never particularly mattered if an asking price was in line with the product, but what say you now, Curbed readers? Is this place better poised to sell?
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