Ivana Trump, the former wife of real estate mogul Donald Trump, has been trying to sell her luxurious townhouse located on the Upper East Side of Manhattan for over a year now. Priced at a staggering $22.5 million, the property has yet to find a buyer despite its opulent features and prime location. Let’s take a closer look inside this extravagant residence and explore why it might still be on the market.
The townhouse, situated at 12 East 64th Street, spans an impressive 10,455 square feet across six floors. Built in 1927, the property exudes timeless elegance and boasts a classic Georgian-style exterior. Upon entering, visitors are greeted by a grand foyer adorned with marble floors and a sweeping staircase, setting the tone for the rest of the home.
The main living areas of the townhouse are located on the second floor, featuring high ceilings and large windows that flood the rooms with natural light. The spacious living room is perfect for entertaining guests, while the adjacent formal dining room provides an elegant setting for hosting dinner parties. The gourmet kitchen is equipped with top-of-the-line appliances and offers ample space for culinary enthusiasts.
One of the standout features of this townhouse is its stunning master suite, which occupies an entire floor. The expansive bedroom boasts a fireplace, a sitting area, and a private terrace overlooking the picturesque neighborhood. The master bathroom is a true oasis, featuring luxurious marble finishes, a soaking tub, and a separate shower.
The remaining floors of the townhouse offer additional bedrooms, each with its own en-suite bathroom, providing comfort and privacy for family members or guests. There is also a cozy library with built-in bookshelves, perfect for those seeking a quiet retreat.
In addition to its lavish interior, the townhouse offers several outdoor spaces, including a rooftop terrace with breathtaking views of Central Park. This serene oasis provides an escape from the bustling city below and is ideal for hosting outdoor gatherings or simply enjoying a peaceful moment.
Despite its undeniable allure, the property has struggled to attract potential buyers. One possible reason for this could be its hefty price tag, which may deter many potential buyers, even in the luxury real estate market. Additionally, the ongoing COVID-19 pandemic has had a significant impact on the real estate industry, causing uncertainty and a slowdown in sales.
Furthermore, the Upper East Side neighborhood where the townhouse is located has experienced a decline in demand in recent years. Many buyers are now gravitating towards downtown areas such as Tribeca and SoHo, which offer a more vibrant and trendy lifestyle.
However, it’s important to note that luxury properties often take longer to sell due to their niche market. Potential buyers for such high-end homes are typically more selective and take their time to find the perfect fit. The right buyer for Ivana Trump’s townhouse may simply not have come along yet.
In conclusion, Ivana Trump’s $22.5 million townhouse on the Upper East Side of Manhattan continues to be available for purchase after one year on the market. With its exquisite design, luxurious amenities, and prime location, it offers a truly remarkable living experience. While the property’s extended time on the market may be attributed to various factors, including its high price and changing buyer preferences, it remains a captivating piece of real estate waiting for the right buyer to call it home.
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