NYC mansion sells for $22.25M, double what owners paid

134-136 E. 74th St.

Will Ellis/The Corcoran Group

Will Ellis/The Corcoran Group

Will Ellis/The Corcoran Group

Will Ellis/The Corcoran Group


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July 3, 2019

A newly renovated Upper East Side townhouse just sold for $22.25 million.

The buyer is shielded behind an LLC, but it appears to the successful female founder of a high-profile fashion retail website.

The two-building property first went on the market for $29.25 million earlier this year.

The 12,000-square-foot landmarked home at 134-136 E. 74th St. was built in 1870.

Developers Ivan Hakimian and Larry Gluck bought the home for $12 million in 2009 in an off-market deal.

“I sourced it, during the height of the recession,” Hakimian says.

They had a tenant — an ex-hedge funder turned art dealer — who stayed for around five years.

They started the gut renovation, transforming the two-building home into a single-family mansion in 2015.

The renovation is about 80 percent complete — and it will be completed by the buyer to her specifications.

It closed before the mansion tax went into effect July 1.

“I can’t believe it took 10 years to sell,” Hakimian said.

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