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David Leuschen's LLC Sells Stanford White-Designed Townhouse At 973 5th Avenue For $49.9M

Property Image
SOLD
$49,900,000
Andres Perea-Garzon
Carrie Chiang
Lesley Schulhof

New York

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Single Family16,000 SF
Sold 02/18/2025
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Property Image
SOLD

David Leuschen's LLC Sells Stanford White-Designed Townhouse At 973 5th Avenue For $49.9M

973 5th Avenue

See Similar Deals
Single Family16,000 SF
Sold 02/18/2025
Andres Perea-Garzon
Carrie Chiang
Lesley Schulhof
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family
Price Per Square Foot:$3,118
Total Square Footage:16,000 SF
Transaction Type:Sale

A Stanford White-designed townhouse located at 973 5th Avenue has an asking price of $49.9 million. The property spans 16,000 square feet, with a price per square foot of $3,119, situated in the Upper East Side market. After being on the market for four years, the property underwent a $30 million price cut from its original listing of $80 million in 2021.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $49,900,000
  • Square Footage: 16,000
  • Price Per Square Foot: $3,119
  • Address: 973 5th Avenue
  • Market: Upper East Side
  • Seller: An LLC linked to ex-Goldman Sachs partner David Leuschen
  • Listed Price in 2021: $80,000,000
  • Price Reduction: $30,000,000

The transaction was represented by the brokers Andres Perea-Garzon, Carrie Chiang, and Lesley Schulhof from The Corcoran Group. The property went under contract on February 18, 2025.

Players

Carrie Chiang
The Corcoran Group
Carrie Chiang
10 deals$276.8M volume
BROKER
Andres Perea-Garzon
The Corcoran Group
Andres Perea-Garzon
7 deals$194.3M volume
BROKER
Lesley Schulhof
The Corcoran Group
Lesley Schulhof
2 deals$65.2M volume(917) 686-8200
BROKER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Andres Perea-Garzon, Carrie Chiang & Lesley Schulhof DATE: 02/18/2025 ADDRESS: 973 5th Avenue MARKET: Upper East Side ASSET TYPE: Single Family BROKERS: Andres Perea-Garzon (@Andres__PereaGarzon), Carrie Chiang & Lesley Schulhof - The Corcoran Group (@TheCorcoranGroup) PRICE: $49,900,000 SF: 16,000 ~ PPSF: $3,119 NOTE: A Stanford White-designed townhouse at 973 Fifth Ave. went into contract for $49.9M after four years on the market and a $30M price cut. The seller, an LLC linked to ex-Goldman Sachs partner David Leuschen, originally listed it for $80M in 2021.

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