NOT LISTED FOR SALE

Estimated Value: $3,509,000 - $25,475,893

-- Bed
-- Bath
-- Sq Ft
2,004 Sq Ft Lot

Last Sold February 14, 2017

Last sale price $24,175,000

Est. 40% decrease in value since last sale

Current estimated payment $88,151/month

788 Days on Market

About This Home

As of February 2017

THE STREET

In the tradition of architectural brilliance - The Lotos Club at 5 East 66th Street by Richard Howland Hunt for Margaret Vanderbilt, and one New York's grandest facades at 45 East 66th Street by Harde and Short - stands The Arthur Sachs Mansion at 58 East 66th Street, a modern incarnation of the exquisite features exemplified in these remarkable buildings of the past.

THE MANSION

With a superb limestone facade in the Beaux-Arts style, this mansion was originally erected for Alice and Arthur Sachs in 1908-9 by Buchman and Fox, the architects of the Gilded Age beauty at 5 East 73rd Street and enduring monuments such as Saks and Altmans. It faces 57 East 66th Street, the long-time residence of Andy Warhol from 1974 to 1987, designated a landmark in 1998 in celebration of Warhol's seventieth birthday.

TURN-KEY RESIDENCE COMPLETION

Designed by architect Henry Jessup, the mansion will be totally completed by June 30, 2015. For an update on current project status and the possibility of customization, please email immediately. FLOOR Plans are available.

THE MODERN RESIDENCE

From the ground floor entry hall of this approximately 9600sf townhouse, there are direct views to the stair hall, kitchen, and terrace beyond, creating an immediate green sightline. A second entry west of the front door leads to a mudroom, vestibule, and elevator. The center foyer includes a fireplace and windowed powder room. The center stair is positioned opposite the elevator. A grand chef's kitchen in the rear of the garden level has top-of-the-line appliances by Dacor, a service stair up to the butler's pantry, informal dining space, and double doors leading to a planted southern garden featuring 40 square feet of glass block terrace looking down into the pool.

On the parlor floor, high ceilings and abundant light augment a superior entertaining level. There is a powder room beside the elevator on the center landing and fireplaces both in the front living room and rear formal dining room which also features a south-facing terrace overlooking the garden. In the extension, the butler's pantry and rear stair lead down to the main kitchen.

The third floor master bedroom suite includes a library with fireplace and three tall north-facing windows as well as built-in bookcases and a rear master bedroom with two walk-in closets, fireplace, and palatial master bathroom with additional closets, soaking tub, twin sinks, stall shower, and a bowed western window.

Configured as two bedrooms each with a walk-in closet and a full bath, the fourth floor also includes a laundry room off the center landing while the rear bedroom enjoys a larger full bath and walk-in closet occupying the extension which includes a bowed western window.

On the fifth floor, two additional bedrooms each with en-suite baths and walk-in closets complete this five bedroom townhouse, with the rear bedroom enjoying a south-facing terrace on top of the extension. A full stair leads to the roof garden where there is an outdoor sink and storage.

The cellar level of this townhouse can be accessed through the main stair or elevator. While housing the mechanicals and replete with storage, the most dynamic feature of the cellar level is the 27-foot lap pool and adjoining recreation room.

Finishes Include

-Interiors by IMI Interior Management

-Kitchen by Christopher Peacock

-Master bathrooms by Clive Christian

-Facade, fully restored to 1909 appearance

-Five original fireplaces restored and fitted with electronic gas ignition

-Pre-wired for AV customization

-All new windows with insulated glass, solid wood luxury Caoba windows

-Quarter-sawn and rift-sawn white oak flooring

-Staff bedroom suite

-Restored limestone entryway with original ironwork front doors

-Custom grand oval staircase

-First floor terrace and garden, second floor balcony, fifth floor terrace, roof garden with custom lantern

-New custom elevator serving all floors

-Gracious 5 bedrooms, all with en-suite bathrooms

-Master and second bedrooms with walk in closets, soaking tubs and marble finishes

-Restored historic entry vestibule with limestone and marble details

-Ornamental ironwork doors

-Lower level pool, exercise room and full bathroom, naturally lit from above

-Multi level first floor bluestone terrace

-Waterworks plumbing fixtures

-High-end appliances by Dacor

-Marble ground floor

-Custom wood moldings, oak cabinetry throughout

-Rooftop outdoor kitchen and living room with mahogany decking

-Rooftop wet bar

-Custom glass roof lantern skylight

-4th floor and lower level laundry facilities, central vacuum

-Custom rift sawn oak elegant oval winding stairway and balustrade

-Electronic controlled lighting and HVAC in kitchen

-Observation cameras at front entry

Last Agent to Sell the Property

Paula Del Nunzio

Brown Harris Stevens Residential Sales LLC License #30DE0713022 Listed on: 11/17/2014

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $131,242

Lot Details

  • 2,004

Home Details

Home Type

Single Family

Est. Annual Taxes

$131,242

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Building Info

  • Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Feb 10, 2017
Sold by
Wb58e66a Llc
Bought by
Filipacchi Craig and Wilkinson Tara
Seller's Agent
Paula Del Nunzio
Brown Harris Stevens Residential Sales LLC
List Price
$35,000,000
Sold Price
$24,175,000
Premium/Discount to List
-$10,825,000
-30.93%
Current Estimated Value
$14,492,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,682,553
Avg. Annual Appreciation
-7.33%

Purchase Details

Listed on
Sep 9, 2013
Closed on
Jul 31, 2014
Sold by
Mccormick Vella Nancy
Bought by
Wb58e66a Llc
List Price
$20,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,769,359
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2008
Sold by
Earley Felice O
Bought by
Vella Nancy M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Filipacchi Craig $24,175,000 --
Wb58e66a Llc $17,150,000 --
Vella Nancy M $14,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wb58e66a Llc $9,769,359
Previous Owner Wb58e66a Llc $4,708,314
Previous Owner Wb58e66a Llc $2,321,813
Closed Wb58e66a Llc $7,030,127
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2017 02/14/17 Sold $24,175,000 -30.9% --
01/15/2017 01/15/17 Pending -- -- --
11/18/2014 11/18/14 For Sale $35,000,000 +75.0% --
08/01/2014 08/01/14 Sold -- -- --
07/02/2014 07/02/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $20,000,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $131,242 $688,476 $104,105 $584,371
2024 $131,242 $653,434 $240,960 $532,793
2023 $125,992 $620,376 $110,932 $509,444
2022 $117,620 $1,277,880 $240,960 $1,036,920
2021 $123,995 $1,144,860 $240,960 $903,900
2020 $121,441 $1,248,600 $240,960 $1,007,640
2019 $113,910 $1,448,340 $240,960 $1,207,380
2018 $105,386 $516,980 $73,358 $443,622
2017 $100,089 $490,992 $78,244 $412,748
2016 $98,154 $490,992 $74,479 $416,513
2015 $32,856 $429,908 $184,970 $244,938
2014 $32,856 $405,574 $209,409 $196,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061548

Real Estate Board of New York (REBNY)

APN: 1380-0143