Grand Greenwich Village townhouse with 50-foot facade seeks $50M

The massive Greek Revival townhouse on West 10th Street known as the Milbank house has hit the market once again, asking $50 million. Back in 2017, its current owner, ex-Bear Stearns executive Warren Spector, listed the historic house for $59.7 million. Even with that price cut, the house still earns a spot on our list of NYC’s most expensive homes for sale.

The 16,560-square-foot house, which sits in the Greenwich Village Historic District, has seven bedrooms, six full bathrooms, an elevator, a gym, a roof terrace with a greenhouse, a movie room that seats more than 15 people, and an office.

Its grand interiors include Venetian walls, a large garden (and five doors that lead to it), high ceilings, a dreamy wood-paneled library, a fireplace in its master suite, and an original leaded glass window in the living room. It has a width of 54.5 feet on every floor, “only adding to the privacy and grandeur of such a remarkable mansion,” the listing says.

Interestingly enough, the house has been historically owned by financiers. According to the Landmarks Preservation Commission’s designation report, part of the house’s structure, its west side, was built in 1847 for Wall Street banker Richard H. Winslow. Later on, in 1888, architect Ernest Flagg added a one-story structure with a basement to the eastern half of the property, which, until then, had been an empty lot. And in 1919, that eastern section was raised to four stories, and combined with the adjacent structure by Flagg for then-owner financier Jeremiah Milbank (for whom the house is named). The property later served as a residence hall for young business women.

It’s located at 11 West 10th Street, between Fifth and Sixth avenues, mere steps from Washington Square Park, and near the R and W trains at 8th Street. Paula Del Nunzio of Brown Harris Stevens has the listing.