Mystery buyer snaps up historic NYC townhouse for $28 million in CASH


Mystery buyer snaps up historic five-story, five-bedroom NYC townhouse for $28 million in CASH – despite never having seen the property in person

  • The five-story townhouse was built in 1882, but recently underwent an extensive two-year remodel
  • The home hit the market  in July; it was sold Wednesday to a mystery buyer 
  • The buyer purchased the home in cash through a limited liability corporation  
  • They have been so secretive that not even the vendors know their identity
  • The stylish townhouse features five bedrooms, six full bathrooms, and a gym 

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A mystery buyer has snapped up a historic New York City townhouse for $28 million in cash – despite the fact they never visited the property prior to purchase.  

The five-story townhouse, which was built in 1882 and is located in Manhattan’s ritzy Greenwich Village, was sold by Sotheby’s International Realty on Wednesday after four months on the market. 

While most wealthy New Yorkers are fleeing the city amid soaring crime, an economic downturn and the ongoing coronavirus pandemic, the new buyer appears unperturbed. 

And they are certainly interested in keeping their identity a secret. 

‘Even we do not know who the buyer is,’ husband and wife brokers Jeremy and Robin Stein told Mansion Global.   

‘Keeping the identity secret was part of the negotiation. This is a rare request — and in our combined 33-year career, it’s the first time for us.’  

A mystery buyer has snapped up this historic New York City townhouse for $28 million in cash - despite not having visited the property prior to purchase

A mystery buyer has snapped up this historic New York City townhouse for $28 million in cash – despite not having visited the property prior to purchase

The five-story townhouse, which was built in 1882, recently underwent an extensive two-year remodel

The five-story townhouse, which was built in 1882, recently underwent an extensive two-year remodel

The spacious 7,411-square-foot home is set across five floors.  The buyer purchased the home through a limited liability corporation

The spacious 7,411-square-foot home is set across five floors.  The buyer purchased the home through a limited liability corporation

A chic and modern marble kitchen and dining area take pride of place on the first floor, looking out onto a manicured backyard

A chic and modern marble kitchen and dining area take pride of place on the first floor, looking out onto a manicured backyard

According to the Steins, the transaction was is in the name of a limited liability corporation. They would not publicly disclose the name of that LLC. 

They say they had potential buyers from as far away as Europe, but they didn’t believe the home would sell to someone who had never seen it in person. 

‘We know this has happened in other parts of the country and that it’s done for new-construction condos in Manhattan, but it’s rare for this to happen with a single-family home in Manhattan,’ Mr Stein stated. 

Real estate records show the 7,411-square-foot home was last sold back in 2017 for $21 million. 

In the mid 2010s, the dwelling underwent an extensive two-year remodel, with the 130-year home being entirely re-conceived. 

The home now includes six full bathrooms and two more half bathrooms. The basement was gutted for the installation of a new gym, laundry and playroom. 

A chic and modern marble kitchen and dining area take pride of place on the first floor, looking out onto a manicured backyard. 

The home also includes a full rooftop with views looking out over the surrounding parts of Lower Manhattan.  

The main bedroom is set across the entirety of the fourth floor, and is complete with a marble fireplace and floor-to-ceiling windows

The main bedroom is set across the entirety of the fourth floor, and is complete with a marble fireplace and floor-to-ceiling windows

Another of the home's five bedrooms is pictured. It includes a small private balcony which looks out over the Greenwich Village neighborhood

Another of the home’s five bedrooms is pictured. It includes a small private balcony which looks out over the Greenwich Village neighborhood 

The home has been extensively remodeled, with all six of the building's full bathrooms given a full makeover. One of the lavish bathrooms, which comes complete with a claw bath, a fire place and marbled tiling, is pictured

The home has been extensively remodeled, with all six of the building’s full bathrooms given a full makeover. One of the lavish bathrooms, which comes complete with a claw bath, a fire place and marbled tiling, is pictured 

The sellers have done an outstanding job of tending to the property's back garden, and have created the perfect place to relax and unwind, despite still being in the heart of Manhattan

The sellers have done an outstanding job of tending to the property’s back garden, and have created the perfect place to relax and unwind, despite still being in the heart of Manhattan 

A sitting area complete with a fish pond is pictured on the rooftop of the stunning townhouse

A sitting area complete with a fish pond is pictured on the rooftop of the stunning townhouse 

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