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$50M Fifth Avenue mansion has buyers lining up

Property Markets / Transactions

United States of America

Apr 17 2017

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Christopher Cameron

A tony Fifth Avenue mansion boasting all the Gilded Age trimming hit the market last year, asking $50 million after the government of the former Yugoslavia decided to unload some of Josip Broz Tito’s properties. That property, at 854 Fifth Avenue, may soon be leaving that market however, as the property has supposedly already attracted six offers, according to the New York Post.

The well-preserved six-story Beaux Arts building once belonged to Emily Thorn Vanderbilt Sloane. It was once the seat of the Yugoslavian mission to the UN.

“Everything is virtually intact,” listing agent Tristan Harper of Douglas Elliman, told the Post. “Whoever buys it will own a piece of New York history.”

As to the identities of these allegedly eager buyers? Harper would not say, noting that they are “all extremely high-net-worth individuals of different backgrounds.”

And if $50 million seems a little high, it’s worth pointing out that all of the home’s high-end furnishings, artwork, murals and wall paintings are all included in the purchase price.

SOURCE: The Real Deal


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