Oleg Cassini’s NYC Townhouse Listed for Sale at $13.95 Million
Property near Gramercy Park — with arched ceiling and stained-glass windows — ‘will find its buyer,’ agent says, even as market sags.
The townhouse's two-story great room leads to a glass-enclosed garden.
Source: Tim Waltman/Evan Joseph StudiosA Manhattan townhouse that fashion designer Oleg Cassini’s heirs battled over for years is on the market, and likely to draw a buyer attracted to its very specific style.
The Gramercy Park home is full of Gothic details, including wood-paneled walls, stained-glass windows and a massive great room with an arched ceiling. Compass listed it on Thursday for $13.95 million.
The property is entering a market where demand for townhouses has been tepid. In the third quarter, sales fell 15% from a year earlier to 55, according to data from appraiser Miller Samuel Inc. Townhouses that found buyers in the period spent 166 days on the market, up from 129 days in the third quarter of 2022.
The five-story building at 135 E. 19th St. “will find its buyer,” listing agent Jim St. Andre said. “Someone will walk in the door, feel a connection to the property and want to use or rehabilitate and restore what’s here” or to “reset” the building for its next era.