Nobody wants to buy this $79.5 million Upper East Side mansion that costs $240,000 a year in taxes

NYC listingCourtesy of Douglas Elliman

A restored Manhattan townhouse less than one block from Central Park is for sale for $ 79.5 million.

The Upper East Side mansion boasts 14,700 square feet of living space, equal parts whimsy and luxury, and includes a rooftop terrace and basement level gym and spa.

Owner Keith Rubenstein, a New York City real-estate developer, originally listed the property in early 2016 for $ 84.5 million after years of extensive renovation. Douglas Elliman now holds the listing.

Keep scrolling for a look inside the amenity-filled home:

Originally built in 1903, the home was fully restored and updated by real-estate developer Keith Rubenstein and his wife Inga. The mansion is over the top, inside and out. According to the listing, the annual property tax bill is over $ 240,000.

Courtesy of Douglas Elliman

The home boasts six bedrooms and nine bathrooms spread out over 14,700 square feet. All six levels are connected by elevator, including the 2,500 square-foot rooftop deck.

Courtesy of Douglas Elliman

As you move throughout the home, the grandeur doesn’t fade. Both formal and informal living rooms complete with 17-foot high ceilings and chandeliers offer plenty of space for entertaining and lounging.

Courtesy of Douglas Elliman


See the rest of the story at Business Insider

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