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Charming, Historic Downing Street House Cuts Ask to $5.25M

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Despite being adorable, the townhouse at 58 Downing Street has failed to find a buyer since it first hit the market in August 2013, but the owner—author/political scientist/very smart person Ian Bremmer—is trying again. The house re-listed this week, with a $1 million price reduction, bringing the ask to $5.25 million. A few commenters thought the 2,560-square-foot property was overpriced before, so perhaps this will do the trick. Its current charms include a landscaped garden, English basement, wood-beamed ceilings, and a staircase banister that dates to the house's creation in the late 1800s.

For the history buffs, the lot has had quite a few famous owners. In the 1700s, it was farmland owned by Nicholas Bayard, New York City's 16th mayor, and it was then purchased by the third Vice President of the United States, Aaron Burr. Burr sold the lot (and 50 others) to John Jacob Astor, who then sold lot no. 58 to William Carr in 1838.
· Listing: 58 Downing Street [Douglas Elliman via StreetEasy]
· 58 Downing Street - Investment Property of Aaron Burr and John Jacob Astor [Building Chronicles]
· All coverage of 58 Downing Street [Curbed]