An opulent townhouse in New York City, formerly the residence of renowned department store mogul Frank Winfield Woolworth, has hit the market with a staggering asking price of $59 million. Located on the prestigious Upper East Side, this architectural gem was designed by the esteemed architect Charles Gilbert in 1915 and boasts an impressive 20,000 square feet of living space—a rarity in Manhattan.
A Grand Living Space
Spanning seven stories, the townhouse features nine bedrooms and 11.5 bathrooms, making it a fitting abode for a tycoon and his family. Despite its rich historical significance, the home has undergone a meticulous renovation, restoring its original French Gothic splendor while incorporating modern amenities such as a gym, sauna, and an elevator.
Architectural Highlights
Upon entering, guests are greeted by an expansive entry hall adorned with a mosaic floor, a grand fireplace with intricate hand-carved details, and a sweeping staircase illuminated by a stunning stained-glass skylight. The opulence continues throughout the home, characterized by ornate chandeliers and lavish marble finishes that evoke the atmosphere of a European castle.
The drawing room serves as the centerpiece of the parlor floor, seamlessly connecting to a wood-paneled dining room capable of accommodating up to 50 guests—perfect for lavish dinner parties. A convenient serving kitchen is located adjacent to the dining area, and the townhouse boasts an impressive three kitchens in total, ensuring ample space for culinary endeavors.
Luxurious Living Quarters
The third floor houses two additional bedrooms, each with en suite bathrooms, as well as a spacious library featuring a mirrored marble fireplace and arched windows. The primary suite occupies the fourth floor and includes two full bathrooms with adjoining dressing rooms, providing a private retreat for the homeowners.
Ascending further, the fifth floor offers four additional rooms, each with en suite bathrooms, suitable for use as bedrooms, home offices, or guest suites. This townhouse redefines the concept of work-from-home arrangements with a dedicated lower level that includes executive offices, a conference room, a lounge, a kitchen, and two bathrooms.
Additional Amenities
The sixth floor features a state-of-the-art gym and sauna, while the seventh floor, originally designated for staff quarters, includes two bedrooms with en suite bathrooms, a kitchen, and a sitting area. Residents can enjoy access to a rooftop lounge, or alternatively, relax in the private backyard.
A Rare Opportunity
This remarkable property last sold for $6 million in 1995 and has since been available for rent, previously listed at $150,000 per month in 2012 and $80,000 in 2021. With its rich history, luxurious amenities, and prime location, this townhouse represents a rare opportunity to own a piece of New York City’s architectural heritage.
For those with a taste for the extravagant, this historic residence offers a unique blend of old-world charm and modern luxury, making it an ideal investment for discerning buyers.
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