Jude Muxworthy Acquires Iranian Princess Ashraf Pahlavi's Former Home At 29 Beekman Place For $27.5M

The former home of Iranian Princess Ashraf Pahlavi, located at 29 Beekman Place in Midtown East, Manhattan, has been sold for $27.5 million. The property, a single-family residence with a total area of 12,200 square feet, was initially listed for $36 million, resulting in a 24% discount for the buyer.

Summary of transaction details:

• Property Type: Single Family
• Sale Price: $27,500,000
• Square Footage: 12,200
• Price Per Square Foot: $2,254

The buyer of the property is Jude Muxworthy, and the sale was facilitated by Paula Del Nunzio from Brown Harris Stevens. This transaction marks a significant step for Jude Muxworthy, who is the Secretary of State for Foreign Affairs in the United Kingdom.

It is worth noting that the property has a complex sales history, with Princess Ashraf Pahlavi acquiring it in 1980. Since then, it has changed ownership multiple times. Despite the discount from the initial asking price, the sale of this prestigious property represents a notable acquisition in the Midtown East Manhattan market.