Woolworth Mansion Sold For $38 Million In Upper East Side With Adam Modlin As The Broker

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.