The Manhattan Home of an Iranian Princess Finally Sells


Among the month’s other noteworthy transactions, an Upper East Side townhouse on East 78th Street that had also lingered on the market for a few years found a buyer. Also, Susan White Morrissey, founder of the White + Warren cashmere company, bought a Central Park West co-op, and Robin S. Weingast, who runs an employee benefits firm, bought an Upper East Side co-op.

The estate of Robby Browne, a top real estate broker at the Corcoran Group who died of Covid-19 in April, sold one of his investment properties — a one-bedroom apartment at 25 Central Park West, where he had lived in a two-bedroom on an upper floor for many years. The price was $1.25 million. The estate also sold a ground-floor staff/storage unit in the building for $225,000.

The Beekman Place mansion, just a few blocks from the United Nations, was built in 1934 for William S. Paley, who ran CBS for several decades. Princess Ashraf acquired it in 1975, four years before her brother, Shah Mohammed Reza Pahlavi, was deposed in Iran. (She also bought neighboring 31 Beekman Place.)

The home, which was sold through the Wansdown Properties Corporation, had been on and off the market since 2014. Its most recent list price was $11.45 million.

The seven-story, limestone and brick structure has 12,260 square feet, including 10 bedrooms and nine bathrooms, eight wood-burning fireplaces, a wine cellar and a solarium, according to the listing with Compass. There are also about 1,500 square feet of outdoor space, including three terraces — off the formal dining room, the main bedroom suite on the third floor, and a sixth-floor office.


Source link Real Estate

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