Luxurious Upper East Side Townhouse Seeks 433% Profit

In case there was any question about the opulence of this East 83rd Street townhouse, just note that it's the kind of place that has a baby grand piano situated next to a chandelier in what is arguably a transitional space. So there's that, and then there's also the fact that after 15 years, townhouse owner Michael Appelbaum—a Senior VP of Global Wealth Management for Merrill Lynch—wants to unload the digs for a 433-percent profit. (Insert wealth management joke here.) Kidding aside, the townhouse at 21 East 83rd Street that Appelbaum acquired for in 2000 for $3.375 million underwent a major renovation that brought it an elevator, double-height ceilings in the entry, and, as per the brokerbabble, "real French doors sourced in France." The six-bedroom spread is now asking $18 million.

· Listing: 21 East 83rd Street [BHS via StreetEasy]
· This $12M Townhouse Sits On a Secret Garden in NYC [Curbed]
· On the Market archives [Curbed]