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Landmarked Upper East Side mansion owned by former Yugoslavia returns for $50M

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The nine-level mansion first listed in April 2017 for the same price

Douglas Elliman

A massive, Versailles-inspired mansion on the Upper East Side is set to return to the market for the same price it was asking last year. The Gilded Age mansion at 854 Fifth Avenue currently serves as Serbia’s Permanent Mission to the United Nations, but since the former Yugoslavian states started selling off their properties worldwide, the mansion has been marketed as a single-family home.

The New York Post first reported on the re-listing of the home, which measures 20,000 square feet spread out over nine levels. As per the Post’s coverage, investor Joshua Harris came close to buying the mansion last year, but the owners of the property could not come to an agreement about the final price. All five of the Yugoslavian successor states—Bosnia, Croatia, Macedonia, Serbia and Slovenia—must agree to the terms of the sale before it is confirmed.

The townhouse was built in the early 20th century for Robert Livingstone Beekman, who went on to become the 52nd Governor of Rhode Island. It was designed by Warren & Wetmore, the same firm that designed Grand Central Terminal. The Republic of Yugoslavia purchased it for a mere $300,000 in 1946, and it is now owned by the successor states.

The listing hasn’t yet appeared online but we’ll be sure to update this post when it does.