Amid market slowdown, Safra family gives up on $120M townhouse combination

For quite some time the priciest listing in all of New York City was a collection of three Upper East Side Townhouses. The adjoining homes at 12-16 East 62nd Street were asking an eye-watering $120 million and were primed and ready for a 30,000-square-foot mega-mansion conversion à la Michael Bloomberg or Roman Abramovich.

Then the listing vanished. Until today, when the houses reappeared as two separate listings.

Corcoran brokers Carrie Chiang and Cathy Franklin have taken the reigns from Douglas Elliman and perhaps they heard about the slowdown in the luxury market — unlike Vornado Realty Trust who are offering up a four-floor apartment at 220 Central Park South for $250 million — and took note of 432 Park who divided five, full-floor apartments into smaller spaces at lower price points.

The first is the townhouse at 12 East 62nd Street, listed solo for $39 million. It comes with 10 bedrooms, 10 bathrooms, and monthly taxes totaling $12,051.

12 East 62nd Street
12 East 62nd Street

14-16 East 62nd Street are sticking together. The duo is listed for $75 million and has a total of 18 bedrooms, 31 bathrooms, monthly taxes of $22,847, but alas, still no photos.

Interestingly, this morning 18 East 62nd Street hit the market too, and although number 18 was never offered up as part of the townhouse-trio, public records show that its owned by the same LLC that’s tied to 12-16 East 62nd Street. The owner of the townhouses remains anonymous, but Curbed reports signs point to the Safra banking family. It’s asking $29 million.

18 East 62nd Street
18 East 62nd Street