clock menu more-arrow no yes

Filed under:

$15 Million on Fifth Ave Handed from Philanthropist to I-Banker

The Upper East Side continues to dominate the listings this week (seriously, the entire neighborhood has put its homes on sale and taken off for the Vineyard) with the news that a duplex at 990 Fifth Avenue just sold for $1.5 million higher than its ask to investment banker Daniel Stern. Brown Harris Stevens brokered the sale for philanthropist Samuel P. Peabody eight days after it was listed, a millisecond of time compared to the 52 years Peabody lived in the apartment. The fusty prints and pastel paint aren't for everyone, but at the very least "the Dining Room, also with a WBFP, can host a baronial center table or a flight of rounds for a large affair." Right.

Meanwhile, neighboring apartment—the penthouse triplex monster originally listed at $42 million—lingers unsold after 415 days on the market.
· After 52 Years Samuel P. Peabody Leaving 990 Fifth Duplex [Observer]
· Does Anyone Think This Penthouse Can Sell for $42 Million? [Curbed]