Back in June, we noted that this fine single-family townhouse at 215 E. 12th St. was on the market for $16 million. (The place is owned by a founder of the Kate Spade brand.)
Well, it's a good thing that you waited before pouncing on this property. According to The Real Deal, the price of the home — dubbed the "Kate Spade House" by the publication — between Second Avenue and Third Avenue has been reduced by 25 percent to $12 million. (Woo!)
Public records show that the home last changed hands for $4.3 million in 2007. Sloane Square NYC has the listing.
6 comments:
So they only want 300% more for what they bought it for instead of 400%?
and luxury condos keep a coming......
pretty house but come on kate spade
10 million and not a penny more!
Owner is truly nervy to ask that amount; property is not in great condition on exterior. IMO, anyone who pays that ask should be committed to the psych ward. No other house in the area is worth (nor has sold for) anywhere near that kind of $$.
If I had $12 million to spend, would I really want to be across from a dorm. I have to think about that. And I'm on the same street, across from a dorm.
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