'Enjoy the Royal Tenenbaum lifestyle' at the price-reduced Kate Spade house of 12th Street

[Image via Sotheby's]

Last June, we noted that this lovely single-family townhouse at 215 E. 12th St. between Second Avenue and Third Avenue was on the market for $16 million.

The place is owned by a co-founder of the Kate Spade brand (and dubbed the "Kate Spade House" by The Real Deal) ... by October, the ask had been reduced to $12 million.

And now! As Curbed noted Wednesday, there's a new broker and price — $9.95 million. Time to pounce?



Here's the new pitch via Sotheby's:

25 feet wide and voluminous interiors set this home apart from the pack. Vast parlor floor with 13½ foot ceiling height, two fireplaces and floor to ceiling windows allows for ballroom sized entertaining space.

5,000 square feet of interior space with additional FAR that may allow for an additional 5,000 square feet.

Many options for next owner starting with garden level apartment/den. 1-2 bedrooms with 2 full bath and kitchen has separate entrance and Garden access.

Glorious double parlor floor with eat-in kitchen and staircase to the garden level.

Third floor currently has 3 bedrooms and 2 baths and could be the ultimate master suite.

Fourth floor has 3 bedrooms, full laundry, full bath and large sky lighted den.

Enjoy the Royal Tenenbaum lifestyle or develop into a one-of-a-kind mansion.

The Royal Tenenbaum lifestyle????



Public records show that the home last changed hands for $4.3 million in 2007.

That 12th Street 'Kate Spade' townhouse now with $4 million shaved off the top

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.

215 E. 12th St. is now available as a rental for $40k per month

Back in June, we noted that the beautiful townhouse at 215 E. 12th St. between Second Avenue and Third Avenue was on the market for $16 million.

However, it turns out that the home with 9 bedrooms and 5 bathrooms is also available as a rental for $40,000 per month, according to a new listing at Streeteasy.

Back in October 2011, the same property was only asking $18,500 a month. The listing at the time referred to the address as a "light-filled, rambling home." Not sure what upgrades justify a $21,500 increase per month.

You can view the full (and most recent) listing at Sloan Square here.

215 E. 12th St. is available for $16 million

The townhouse on East 12th Street between Second Avenue and Third Avenue arrived on the market yesterday.

Here's part of the listing via Sloane Square NYC:

Sensational, Chic & Unique 4-Story 25 foot wide Townhouse with oversized 1,100 sqft Garden on a beautiful East Village block. It is a Single Family House with approximately 5,000 sqft (approx.), and Oversized Garden and 5,000 sqft FAR +/-. This amazing 14 Room Townhouse features 8 Bedrooms, 5 Bathrooms including Master Bedroom Suite with a Dressing Room and large Sitting Area. The ceilings soar to 13.5ft. The oversized floor to ceiling windows, plus dramatic skylight add style. Beautiful original details add drama to this gorgeous Townhouse. Extraordinary light throughout!

Please note: Separate Income Producing 3 Room Apt – easily integrated into Townhouse.

Perfectly located in the East Village, which is one of the hottest areas in New York City filled with great nightlife, a vibrant art scene and incredible restaurants. This area of Manhattan is filled with luxury Condominiums and beautiful Townhouses.

Asking price: $16 million.

Public records show that the home last changed hands for $4.3 million in 2007. The New York Times featured the home and its owner, an original partner in the Kate Spade brand, back in July 2008.