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Upper East Side Maisonette Returns to Market Asking $19M

The home belongs to the heir of a convenience store fortune

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The Upper East Side maisonette of Gerald Erickson Jr., the heir to a convenience store fortune, has hit the market for $18.99 million, according to a publicist for Stribling & Associates, the brokerage listing the property.

The 4,803-square-foot, fully serviced home comes with six bedrooms, five-and-a-half bathrooms, a custom-designed floating staircase, a formal dining room, an eat-in kitchen along with a second-floor kitchenette, a master bedroom with custom closets, and a private fully landscaped and terraced garden designed by international landscape designer Madison Cox.

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The property "offers townhouse living with all of the amenities of a fully serviced building," according to the listing with broker Inez Wade of Stribling & Associates. Ms. Wade did not respond to requests for comment in time for publication.

In 2014, Mr. Erickson paid $11.84 million for the home, city records show. Just 25 days later he relisted it for $18.5 million, an optimistic 56% price increase. This is the home’s first time for sale again since it left the market later that same year.

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The townhouse-style home, which hit the market last week, is at the base of a condominium tower. Built in 2012, the 31-unit building on East 79th Street is a new development designed to look like a 1920s Rosario Candela building.

Mr. Erickson, the heir to the Holliday convenience store fortune, could not be reached for comment.