$114 Million Mansion Hits the Market in NYC
What does a nine-figure home buy you on the Upper East Side? Nineteen rooms, 20,000 square feet and a heated stoop and sidewalk.
In most parts of the country, $178,000 would be considered the cost of a home. But at 12 East 69th Street in Manhattan, $178,000 is only the annual property tax. This Upper East Side mansion recently went on the market for a staggering $114 million, and the New York Times was there to profile the home in all its resplendent decadence. The current owners, Teresa and Vincent Viola, bought the place in 2005 for $20 million and gave it a complete makeover.
Tallying in at 20,000 square feet, the six-story house has seven bedrooms, six baths, a movie theater with a balcony, a duplex library and a massive 40-foot-wide kitchen. Now here are some of the juicier details: The front stoop and sidewalk are heated. There's an actual "panic room" in the master bedroom. The kitchen floor is made of reclaimed railroad ties. The master bedroom has his-and-her bathrooms — one decked out in onyx, the other in rose quartz. Then there's the dining room, which is 900 square feet and modeled after a room in the Palace of Versailles.
If you think this sounds lavish on paper, wait till you see the rooms with your own eyes. Check out our gallery below to see what we're talking about.