Ivana Trump's Former NYC Townhome Slashed To $19.5 Million After Two Years On The Market
The late Ivana Trump's former Upper East Side town house has seen another price reduction.
Once listed as high as $26.5 million in 2022, the opulent five-bedroom, six-bathroom home has struggled to find a buyer. After a $4 million price cut last year, the property is now on the market for $19.5 million, according to Realtor.com.
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Trump, the ex-wife of former President Donald Trump, purchased the property for $2.5 million in 1992 after the couple divorced. Ivana Trump, who was born in Czechia, raised her three children in the home, where she died in 2022 from injuries sustained during a fall.
The six-story, 8,725-square-foot residence's décor is reminiscent of the Baroque style, with crystal chandeliers, gilded paneling, silky fabrics, ornate crown moldings, and custom millwork. Each floor is accessible by elevator.
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The dining room was inspired by a room at the Palace of Versailles and featured gold wall fabric. The primary suite, which occupies the entire third floor, is adorned with a mural, has a private terrace, and has an en suite bathroom built of pink onyx marble.
The residence also has a media room with an adjacent kitchen on the lower level, 700 square feet of outdoor space, and a Swedish sauna. It's close to world-class museums like the Frick, Metropolitan and Guggenheim, as well as Central Park and shopping and dining.
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The median list price for a Manhattan's Upper East Side residence was $1.8 million in June, down 2.5% from last year. The median listing home price per square foot was $1,500, and the median home sold price was $1.4 million.
According to Realtor.com, the biggest property listed is a 16,000-square-foot, 10-bedroom, 8½-bath town house with an asking price of $58 million. The smallest property in the neighborhood is a 246-square-foot studio unit for $250,000.
The most expensive property listed in the area is a seven-bedroom, 12-½-bath town house with an asking price of $65 million.
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This article Ivana Trump's Former NYC Townhome Slashed To $19.5 Million After Two Years On The Market originally appeared on Benzinga.com
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