Former New York City residency of a Dr. Seuss collaborator up for sale at a price of $13.5 million.
A significant piece of New York City's cultural history is up for grabs, as a townhouse on Manhattan's Upper East Side—previously owned by Phyllis Cerf Wagner, a figure synonymous with the city's artistic circles—is currently listed for sale.
Located in a neighbourhood renowned for its historic and architecturally distinguished residences, the townhouse boasts a rich pedigree. Townhouses in this area often date back to the late 19th or early 20th centuries and are celebrated for their elegant facades, detailed interior woodwork, and classic New York City charm.
The property in question, designed and built in the 1870s, is a 16-room spread with 7,200 square feet of art deco-inspired living space. It features high ceilings, several wood-burning fireplaces, a hydraulic elevator to all five levels, a security system, and air-conditioning. The basement houses a wine cellar and laundry room.
The townhouse, which was purchased by Phyllis Cerf Wagner and her first husband Bennett Cerf, co-founder of the Random House publishing company, in 1941, has a colourful past. Before her current role as a real estate writer at a website, Wendy Bowman, a former freelancer for Modern Luxury and several other media outlets, primarily covering luxury properties, reported that the townhouse was subsequently sold for $8.5 million to jewelry designer Suzanne Sheik in 2006. However, the current owner remains unnamed.
The townhouse's interiors are a testament to its previous occupants' creative flair. Previous sales included artwork by Andy Warhol, Anish Kapoor, Roy Lichtenstein, books signed by William Faulkner and Joan Didion, and an oil painting by Frank Sinatra. The primary suite, adorned with bay-windowed views, a morning bar, and a pass-through wardrobe, is a standout feature. Its bathroom, with dual vanities, a large glass-encased shower, a soaking tub, and glass orb-embellished window coverings, offers a touch of luxury.
Additional bedrooms and a sky-lit den/office are located on the top two floors of the townhouse. The townhouse was later sold for $14 million in 2010, and is now listed at $11,277,000 USD.
Phyllis Cerf Wagner, who outlived two prominent spouses, remained in the townhouse until her death in 2006 at age 90. For those interested in owning a piece of New York City's cultural history, this townhouse offers a unique opportunity.
This historic townhouse, immersed in New York City's artistic circles, presents a prime opportunity for investors looking to diversify their real-estate portfolio. With a rich past and a lifestyle tailored to home-and-garden enthusiasts seeking luxury, this property on Manhattan's Upper East Side could be an attractive addition to one's finance and lifestyle.