Classic UES Greystone Townhouse Tied to Guggenheim Family Reduced to $20M

Published: January 6, 2017 | By: American Luxury Staff

This Manhattan townhouse is worth a look, and not only because of its Guggenheim pedigree.

Constructed around the turn of the last century, the home’s historical significance makes it worthy of note, as well; and so does its reduced price tag of $20 million.

Initially owned by a scandal-wracked banking family, the home eventually passed to Harry Guggenheim—newspaper magnate, ambassador, member of the ‘First Yale’ WWI flying unit, and horseman—who lived there until around 1970.

Today, the house is a historical example of neoclassical rowhouse architecture of the period, with much of its original charm intact, although careful renovations have been conducted. The fin-de-siecle neoclassical styling is tastefully unadorned, with large windows allowing plenty of light into its living spaces.

The 6,200 square foot home features an elevator as well as staircase. The five stories include a first-floor garden level with dining room, and access to the yard; second floor parlor level, with library; master suite level; guest bedroom level; and self-contained guest level with kitchenette. There is a two-level rooftop terrace with gardens, trellis, and lovely views.

The original details are the most interesting features of the home, though; the marble fireplace in the library, the gothic double-doors of the entry, the tile in the master bath, the limestone fireplace in a guest bedroom and the cozy, compartmentalized feel of the interior are compelling indications of historical relevance.

Initially listed at $25.9 million, the price of this classic greystone is currently at $19.9 million.

3556 January 6, 2017 Real Estate January 6, 2017