Foreign Property News | Posted by Si Thu Aung
The duplex in an iconic Upper East Side building has a private elevator, marble floors, and more.
U.S. Treasury Secretary Steven Mnuchin has listed his massive New York City home for $32.5 million.
The former Goldman Sachs partner is letting go of a sprawling 6,500-square-foot, two-story apartment on Manhattan’s Upper East Side. The five-bedroom, six-and-a-half bath property is located in “what is arguably the most prestigious residential address in New York City,” 740 Park Avenue, according to the listing.
The listing agents, Carol Terner Lederman and Judy Klone of Warburg Realty, declined to comment. Variety points out that according to the 2005 book by Michael Gross, 740 Park: The Story of the World’s Richest Apartment Building, Lederman is Mnuchin’s aunt and he purchased the property from her in 2000 for $10.5 million.
The historic apartment building was designed by Jacqueline Kennedy Onassis’s grandfather, James T. Lee, the listing states, and has housed members of America’s wealthiest families, including the Vanderbilts and Rockefellers, according to a 2009 article in the New York Times. Billionaire investor David Koch is a current residents, per Variety.
For six years in the 1930s, Jacqueline Bouvier's family resided at the iconic 740 Park Avenue building in New York City's Upper East Side, so it's no surprise that there's a high price to pay for an apartment at the prestigious address. One lucky buyer will now have the chance, as a duplex unit (8/9A) in the building has just been listed for $33 million.
The owner of said duplex? Reportedly Steven Mnuchin, the US Secretary of the Treasury.
The stunning space boasts a slew of thoughtful renovations, which work well with its traditional pre-war style.
From gorgeous marble flooring and wood-burning fireplaces to a spacious master suite and an eye-catching gallery featuring 11-foot ceilings, the luxurious property has everything a buyer could ever want in a home. Here's a look inside the apartment at the sought-after address.
Ref : Property Report
