A six-floor Manhattan townhouse that the Permanent Mission of the United Arab Emirates to the United Nations bought just three years ago has hit the market for $60.8 million.
A listing for the brick, Upper East Side townhouse on East 74th Street, recognizable by its blue door and wrought-iron Juliet balcony, popped up on several property sites on Friday, asking more than double what the UAE paid for it.
The UAE mission bought the 20-foot-wide townhouse from New York financier Eric J. Gleacher in 2014 for $27.25 million, according to property records. The mission also bought up every apartment in the neighboring townhouse a year later for a combined $20.6 million, the records show.
The UAE’s ambassador to the U.N., Lana Nusseibeh, signed off on the sales, according to property records.
The new listing says the seven-bedroom, five-bathroom house is being sold directly by the owner, rather than through a real estate agent. Staff at the mission and the lawyer who represented the mission in the purchase of the building did not immediately respond to requests for comment about the listing.
It’s unclear how the mission used the 6,700-square-foot townhouse and the neighboring building over the past several years. The mission’s headquarters is located on East 47th Street.
The home was built in 1879, but in 2007, it underwent a renovation, including the installation of an elevator and security system, according to the listing. There are five bedrooms plus two additional guest suites, and a number of outdoor spaces, including a rooftop terrace.
READ ABOUT LUXURY IN THE UAE:
Follow Mansion Global:Facebook | Twitter | Instagram | LinkedIn | Messenger
Write to us: firstname.lastname@example.org