Mansion For Sale – $88 Million – OR – Rent $175,000.00 Per Month
This beautiful 20,000 square-foot, six-bedroom, 9-bath townhouse mansion went into contract last December for $80 million, but that deal fell through. At the time it would have been the most expensive townhouse ever sold in New York City. Built in 1884, right in the middle of what is now known as the Gilded Age, it was previously listed in 2013 for $114 million and then for $98 million in 2014.
The current owner, billionaire Vincent Viola and his wife Teresa, bought the house in 2005 for $20 million, the Wall Street Journal reported. Viola, an American billionaire businessman, is the former chairman of the New York Mercantile Exchange, and the founder and chairman of Virtu Financial. Since 2013 he is also the owner of the NHL’s Florida Panthers. Viola and his wife Teresa are both involved in horse racing as the owners of St. Elias Stable and Teresa Viola Racing. They are also co-owners of Kentucky Derby winner, Always Dreaming. Together they have 3 adult sons and have a net worth of $2.4 billion.
Here is the listing to another home they also currently have for sale in Chatham, NJ. These days, they are spending much more time in Ft Lauderdale, Florida, were they moved to be closer to the Panthers team headquarters, thus the reason they have put both of their homes for sale in New York and New Jersey
The website to the official listing of the New York townhouse property, Brown Harris Stevens, states the following about the house:
NE VISION, ONE EXTRAORDINARY MANSION
IN THE TRADITION OF STANFORD WHITE
The house designs of Stanford White embodied the ultimate achievements of the Gilded Age and created an “American Renaissance” in architecture and art. And just like Stanford White, who not only designed a mansion for his clients, but also traveled the world to collect the furnishings they should contain, this owner also traveled the world to collect the finest architectural and decoration ideas, as well as the art and furnishings, to combine the very best of the classical tradition with every modern technological convenience.
The entrepreneurial, creative thread began early. Originally commissioned in 1883 for an international silk trader, this house was transformed in 1913 into its present neo-Classical style by William Welles Bosworth for James Ellsworth.
Ellsworth flourished in business during the Gilded Age, achieving particular success at the peak of the economic boom between 1890 and 1920. He was a flexible American industrialist moving from one industry to another: he began as the owner of coal mines in Pennsylvania — the coal town Ellsworth, PA is named after him. He moved into railroads, and in 1907 after the completion of a railway, Ellsworth sold his coal mines to Bethlehem Steel, and subsequently purchased a villa in Florence, Italy, and would become a notable fine art and coin collector.
Here is all that is left of James Ellsworth’s estate, Evamere, his country estate located on the site of the Ellsworth family farm in Hudson, OH., and named for Ellsworth’s late wife Eva Butler Ellsworth.
14-foot ceilings in the entry hall open to a rotunda with 28.5-foot ceilings to the third floor. The great room in the rear of this level spans 40 feet with French doors opening to Juliette balconies and floor-to-ceiling windows. A hidden door off the main hallway opens to the top of an extraordinary double-height library and office which measures 24 feet in height.
ARCHITECT: WILLIAM BOSWORTH
William Bosworth includes among his most famous designs Kykuit, the famed Rockefeller family estate north of Tarrytown in New York, where he worked closely with William Adams Delano and Chester H. Aldrich. Under the auspices of John D. Rockefeller, Jr., Bosworth was commissioned to restore the Palace of Versailles, France, which Rockefeller financed.
A century later, the present owner of 12 East 69th Street was influenced by the Palace of Versailles, which receives 3 million visitors a year, a testament to its international draw as a monument to timeless architecture.
Elevator and stair provide access to the terrace which covers the entire roof.
Positioned a few houses off Fifth Avenue and Central Park on an exceptional residential, tree-lined block, this mansion is 40 feet wide, 90 feet deep, and features four windows across the front and rear facades providing remarkable light at all times. There is no other renovated 40 foot wide mansion available right now between Fifth and Madison Avenues.
With six levels, it encompasses over 20,000 interior square feet including the 3400sf basement with windows in the front and rear, and approximately 2,650 exterior feet on the roof terrace.
Additional entrance from the street for the lower half of the extraordinary double-height library offers private access to the office. This level includes the upper balcony section of the movie theater which seats 12 in red velvet chairs.
Two 40-foot-wide bedrooms could be converted to four or more bedrooms.
A massive master bedroom suite with an equally large sitting room and two full baths. Two large dressing rooms one of which is wired as a panic room. Separate guest suite.
The formal dining room also extends 40 feet and easily accommodates 40 guests or more at a sit-down dinner. The massive 40-foot-wide kitchen in the front has four windows across and almost every cooking appliance known to a chef.
Saline swimming pool with two saunas and a full bath. The lower entrance to the split-level movie theater is in the rear.
Heated sidewalk for automatic snow removal. Heated Onyx marble floors in the entry hall. Water filtration throughout the house. Exceptional lighting system allows numerous lighting combinations. Security system with cameras.
In conclusion, with three of the most remarkable rooms ever seen in a New York mansion, this house is truly An American Beauty, a synthesis of the elegance of the Beaux-Arts themes sifted through an unique American sensibility.
Much thanks to Brown Harris Stevens for the description and listing. If interested in the property, please contact
Photos courtesy of Realtor.com