Historic Vanderbilt mansion on trendy East 72nd Street for sale

The Vanderbilt Mansion

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East 72nd Street in New York City has long attracted celebrities in the arts and fashion-design world.

Ralph Lauren moved there in 2010, Yoko Ono still lives in the same apartment she shared with John Lennon; Leonard Bernstein, Margaux Hemmingway, Joan Fontaine, Dorothy Parker and John Steinbeck have all called East 72nd Street home.

But long before these famous folks arrived on East 72nd, a gentleman named Robert B. Lynd showed up in 1891 and built was is now known, and has been for years, as the Vanderbilt Mansion. It was restyled in 1905 and gained fame as the home of the Vanderbilt family, headed by Cornelius ‘Commodore’ Vanderbilt.

The family patriarch started accumulating his fortune by borrowing $100 to begin ferrying passengers from Long Island to Manhattan. He eventually went into railroads and his success created wealth of historical proportions. Though the third generation began to see a decline in fortune, heiress and successful fashion-designer Gloria Vanderbilt was a pioneer in a new family work ethic which was handed down to her son, CNN anchor Anderson Cooper.

Much admired, Gloria Vanderbilt recently passed away at the age of 95. The elegant Manhattan mansion still known as the Vanderbilt Mansion, where Gloria Vanderbilt lived as a child before her mother took her to live in Paris, is now for sale priced at US$50 million.

The Vanderbilt Mansion

Though many of the street’s Gilded Age mansions have been torn down to accommodate exclusive apartment blocks, the sandstone Vanderbilt mansion, as it is still referred to today, is a beautifully kept building that blends attractively with its neighbours.

Designed in Néo-Grec style, the 18,408-sq.-ft. townhouse is 27-ft. wide with 12 bedrooms, 11 full bathrooms, three powder rooms and approximately 1,500 sq. ft. of outdoor space. Rooms have 12-ft. ceilings and there are three gas fireplaces.

Enviably located between Madison Avenue and Fifth Avenue, it is a stone’s throw to Central Park in a neighbourhood awash with art galleries and boutique shops.

The Vanderbilt Mansion

Currently divided into three luxury condos with multiple options for reconfiguration, the townhouse was again restyled and updated in 2018 by Cetra Ruddy using marble and many elegant finishes, flooring, lighting and the best appliances.

The sale comes with options. The units could be combined as one residence, two rented with one owner occupied or one occupied, one as guest accommodations and one as staff quarters. The three units can be purchased together or purchased separately. The US$50 million price tag is for the entire building, or it can be purchased as three individual apartments.

The listing agent is Lauren Muss of Douglas Elliman Real Estate, Madison Avenue office.

For more information, go to www.toptenrealestatedeals.com

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