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Modernist Lescaze House Finally Sells For $15.9 Million

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It's been a long road for Swiss modernist architect William Lescaze's 1934 Upper East Side townhouse: The home was first listed in 2008 for $12 million, and has since been on and off the market for $14 million (by two different brokers), a whopping $19.5 million, $17.9 million, and finally $15.9 million. The last price is the one that finally stuck, as the house is in contract as of last week, according to Olshan's latest luxury market report. The residence, which was originally commissioned by textile magnate Raymond C. Kramer, has five bedrooms and four bathrooms; it also comes equipped with a solarium, a "winter garden," and a terrace. Still, the lack of interior photos of the space doesn't exactly inspire confidence; presumably, whoever snapped the place up also has plenty of cash on hand for some major renovations.

OLSHAN LUXURY MARKET REPORT October 26–Nov 1 [Official]
· Listing: 32 East 74th Street [Corcoran, via Streeteasy]
· 32 East 74th Street coverage [Curbed]