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Upper East Side mansion once asking $50M sells for nearly half off

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The house was once asking $49.5 million but sold for $28.5 million

Via Sotheby’s International Realty

The 19-room Upper East Side mansion that was once asking nearly $50 million has now sold for nearly half that price. The Real Deal reports that the East 67th Street townhouse sold for $28.5 million to an anonymous LLC.

The five-story townhouse was last listed by Sotheby’s International Realty for $36.5 million in February 2017. Prior to that the house had been trying to sell for $38.8 million. The townhouse was owned by the late hedge funder Charles Murphy and his wife Annabelle Murphy. The Murphys picked up the limestone mansion in 2007 for $33 million.

In 2016, Charles listed the townhouse on the market for the first since he had purchased it. Charles died in March 2017 (the death was reported to be an apparent suicide). Now a little over a year after his death, his widow has managed to sell the house.

The townhouse measures 11,550 square feet, and has eight bedrooms and seven bathrooms. Some of the standout features of the home include the landscaped roof terrace, the double height library, and a sweeping elliptical staircase topped by a skylight.