Gloria Vanderbilt’s Former Upper East Side Home Drops $10M Off Price Tag

When walking down the tree-lined streets of the Lenox Hill, this seven-story townhouse may look like just another posh Upper East Side residence. However, it was home to one of the country’s most renowned families: the Vanderbilts. Late fashion designer Gloria Vanderbilt, who brought blue jeans into high-end fashion, spent her early years at the magnificent spread until her father passed away. The storied Manhattan mansion listed for $50 million in July, and just got a generous $10 million price cut.

Built in 1891 and located at the prestigious address of 39 East 72nd Street, the 18,408-square-foot home would be a prize for anyone’s real estate portfolio. After a careful 2018 restoration, there is a superb blend of sleek, contemporary style and subtle Gilded Age glamour around every corner. A large central elevator will swoop a new owner up to elegant spaces and make it easy to access the 12 bedrooms, 11 full bathrooms, and three powder rooms. It is also poised to be a smart investment property since during its recent renovation, the home was reimagined to be able to turn into three gracious condo residences.

From rooms with grand fireplaces and glistening marble touches to the 1,500-square-feet of outdoor space, the potential for entertaining is limitless. It is definitely a home worthy of hosting the most influential figures, which may be why the Vanderbilts took a shine to it in the first place.

Also known as “Vanderbilt Mansion”, this splendid NYC property now wants $40 million and is listed with Lauren Muss of Douglas Elliman. Mansion Global first reported the price change.