Two years and three price chops after it was first listed, the historic 19th-century carriage house at 29 Downing Street finally sold for $6.8 million, according to Real Estate Weekly—a steep discount from the home’s original $12 million asking price.
One of Manhattan’s “certified treasures,” the 3,480 square foot house has had its ups and downs on the property market. It was originally listed at $12 million before the sellers, John Bennett and Karen Lee Grant, upped it to $13 million in 2015. When nobody bit, the asking price was significantly lowered to $8.995 million in June 2016.
The house carries some historical significance. It was built in 1829 on land once owned by Aaron Burr, third vice president of the United States (and, more infamously, the man who killed Alexander Hamilton). It’s also been featured in many magazines and photo shoots.
The buyer of this charming two-story house was 29 Downing LLC; previous owners Bennett and Grant used it as a live-work space.