How to sell an Upper East Side townhouse, wine cellar, 40-foot garden, terrace, and all: follow the example of 34 East 74th Street. This townhouse last sold in 2007 for $15 million to former assistant secretary of defense for Asia James Shinn and his wife. This March, the house went back on the market at a slightly-marked-up $15.95 million. Just a few months later, in July, the price was down to $14.9 million, and the sale just hit public record. The final price? $13.65 million. You do hate to see that.
· Sale: 34 East 74th Street [ACRIS]
· 34 East 74th Street [StreetEasy]