Will the ninth time be the charm for this $25M UES townhouse?

(credit: Steve and Gil Amiaga)

Commercial broker Kenneth Laub has been trying to sell his townhouse at 163 East 64th Street since 2008, when he first put it on the market himself for $35 million.

Since then, it has gone through seven different brokers (Brown Harris Stevens, Halstead Property, Town Residential, Corcoran, Douglas Elliman, Compass, Douglas Elliman again with a different broker), and been subject to a number of different price cuts. It was most recently asking $23.9 million when it was last listed in July.

Now, the home is back, and this time it’s asking $25 million with Stefani Markowitz Berkin and Susan Gold of Charles Rutenberg.

Laub bought the home in 1986, according to city records, and put a significant amount of money into renovating it. Looking at it, we aren’t totally sure why it’s such a hard sell. Built in 1872, the red brick home is stately and large with five bedrooms and five bathrooms. It has 13-foot ceilings, marble fireplaces, a roof terrace, an elevator, a wine cellar and even plans to add an extension of 1,400 square feet onto the property.

In other words, it doesn’t look or seem so different from any of the other wildly expensive townhouses on the market that are priced similarly.