The property involved in this transaction is a single-family residence located at 9 East 71st Street in the Upper East Side. It has a total square footage of approximately 28,000 square feet, with a price per square foot of around $1,785. The property was previously sold in 1998 for $20 million.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $50,000,000 (approx.)
• Asking Price: $88,000,000
• Last Sale: $20M (1998)
• Market: Upper East Side

The seller in this transaction is the Estate of Jeffrey Epstein. The buyer's identity has not been disclosed. The broker representing the deal is Adam Modlin from the Modlin Group. It is worth noting that the property was originally occupied by Birch Wathen School from 1962-1989 and was later sold to Leslie Wexner for $13.2 million. Wexner then sold the mansion to Epstein for $20 million.