A whimsical four-bedroom at the Upper West Side’s storied co-op, The Dakota, which was asking $17.5 million two years ago, is back on the market with a $3.5 million price cut.
In that time period, this sprawling apartment has changed brokerage firms twice going from Sotheby’s International in 2015 to Douglas Elliman in 2016, and now Compass. The co-op last sold in 2010 for $11.5 million to investment fund manager, Sean Goodrich. He picked it up at a huge discount, considering the apartment was listed for $24 million in 2008.
Now he too is being forced to discount it further as the apartment has failed to find a buyer since September 2015. Aside from the apartment’s funky upholstery and wallpaper, and all the fancy appliances and finishes in the kitchen, the co-op comes with original oak hardwood floors, 12-foot-tall ceilings, and seven fireplaces. In addition, it also boasts one of the largest corner living rooms in NYC, according to the broker on the property.
Built in 1884, the 93-unit Dakota has been home to a host of celebrities both in the past and at present. That list includes Lauren Bacall, Roberta Flack, and Yoko Ono. So aside from the architectural beauty of the building, there’s also the celebrity pedigree to look forward to for a potential buyer.
After being listed in September 2015 for $17.5 million, the four-bedroom co-op reduced its ask to $15.5 million in February 2016, and subsequently to $14.995 million in April that year. The apartment is now asking $13.995 million. Will the fourth time prove to be the lucky charm?