An Upper East Side townhouse for buyers who want to emulate an "old money" vibe

By Virginia K. Smith | November 16, 2016 - 11:59AM

In a cooling luxury real estate market where price chops are becoming the norm, the sellers of this five-story, four-bedroom Lenox Hill townhouse made a bold recent move in raising the price by $1 million, per StreetEasy's records, bringing the total asking up to $14.5 million. But believe it or not, that price tag puts it squarely in the middle of Lenox Hill's luxe townhouse market, where prices range from around $6 million to well over $30 million.

And for a certain kind of old money buyer (or a buyer who wants to give off the appearance of old money, anyway), this property could be just the ticket, with its stately foyer, grand entertaining spaces with large bay windows, wood floors imported from Versailles, and even a library that looks ideal for sipping brandy and leafing through leather-bound old volumes:

There's also a spacious, planted backyard garden, which is overlooked by balconies on the upper floors:

The eat-in kitchen isn't on the main level, but is instead situated on the second floor, along with a maid's room and formal dining room.

Further up, you'll find the sleeping quarters, including the master suite, which features a woodburning fireplace, seven (!) closets, and a large master bathroom.

Oddly, neither the kitchen nor any of the bathrooms are pictured, so you'll want to visit for yourself to see if they'll need updating. Judging from the retro decor throughout (can we get rid of the wall-to-wall carpeting already?), there's a good chance you'll want to renovate to add new finishes:

Also not pictured are the home's curb-cut garage, a basement with a laundry room, storage, and temperature-controlled wine cellar, the sleeping quarters on the third floor, and an upper level with a roof terrace, as well as space for an office, gym, or extra bedroom. You'll need to do your own due diligence and check out the property yourself before making a move, of course, but for a buyer with a love for historic details and the itch to do some redecorating, consider this a rare architectural gem.

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