Updated Dec 2, 2025
Woolworth Mansion Sold For $38 Million In Upper East Side With Adam Modlin As The Broker
4 East 80th Street
$38,000,000
$1,900/SF
Building Size
20,000 SF
Asset Type
Single Family
Closing
Dec 1, 2025
About this deal
AI
The property asset involved in this transaction is located at 4 East 80th Street in the Upper East Side market. It is a single-family residence, specifically the Woolworth Mansion, which encompasses 20,000 square feet. The sale price for this historic asset was $38,000,000, translating to a price per square foot of $1,900.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $38,000,000
- Square Footage: 20,000
- Address: 4 East 80th Street
- Market: Upper East Side
- Price per Square Foot: $1,900
- Broker: Adam Modlin - Modlin Group
The transaction reflects the culmination of a multi-year pricing saga, with the mansion initially listed for $90,000,000 in 2012. The property features nine bedrooms and 11 bathrooms and was previously owned by the family of late fitness mogul Lucille Roberts, also testing the luxury rental market before its sale.
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New York Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $38M for 20,000 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93