Look inside Ivana Trump’s $22.5 million townhouse

The late Ivana Trump’s townhouse in New York has sat available on the market for one full yr with no takers. In September, it took a $4 million reduce from its unique asking value, all the way down to $22.5 million. 

The extravagant residence stays nearly untouched since her death in July 2022. In truth, little or no has modified since Ivana Trump, former President Donald Trump’s first ex-wife, renovated the house within the Nineteen Nineties. 

“It’s extremely lovely and really French, Versailles-flavored on the within,” in keeping with the house’s itemizing agent, J. Roger Erickson of Douglas Elliman. He was employed by Ivana Trump’s property, which advantages her three kids Ivanka, Donald Jr. and Eric, in keeping with Erickson.

The six-story, nearly 8,800-square-foot townhouse was inbuilt 1879. It is nonetheless embellished with the late Ivana Trump’s furnishings, clad in pink carpets and pink silk-covered partitions, and dripping with gold accents and ornate crystal chandeliers.

“Ivana stated that, ‘The home is as Louis the sixteenth would have lived if he had cash,’ and that sums it up completely in her personal phrases,” stated Erickson.

In lots of situations, sellers have their houses professionally staged to make their residence extra interesting to potential patrons. On this case, the interiors at 10 E. sixty fourth St. are nonetheless very a lot within the style of its late proprietor.

Since her loss of life from a fall on the house’s grand staircase, the residence stays a time capsule, with household images nonetheless adorning partitions and cabinets. A big poster of one in every of Ivana’s journal cowl appearances hangs on a wall exterior the house workplace. Her e book “Elevating Trump” sits on the espresso desk in the lounge.

Public data present Ivana purchased the limestone townhome in 1992 for $2.5 million. In response to Erickson, it was in disrepair when Ivana purchased it, and he or she spent hundreds of thousands to intestine renovate and infuse each ground together with her distinctive type.

“Over 30 years the market has … skyrocketed,” stated Erickson.

The most recent asking value places the townhouse’s value per sq. foot just below $2,600, in keeping with the common value per sq. foot for luxurious residence gross sales (prime 10% of gross sales) seen within the third quarter, in keeping with the Elliman Report.

Nevertheless, the listing, which went up on the market final November, has been available on the market longer than common for a townhouse in NYC, which was about 5 and half months in the identical quarter and measured from the final value change to the contract date, in keeping with Jonathan Miller president of Miller Samuel Inc., an actual property appraisal and consulting agency.

When properties like this one linger available on the market for longer than the common advertising and marketing time, the itemizing is probably going overestimated, Miller advised CNBC.

“The extremely customized inside decor of this townhouse can also be most likely contributing to the advertising and marketing delay since,” stated Miller.

Solely time will inform if the current discount in asking value will assist get the house offered.

This is a go searching Ivana Trump’s former residence.

Ivana’s former en suite bed room spans all the third ground and features a fire and terrace.

The first bathtub is roofed in pink onyx, mirrors and gold fixtures. It opens to each the bed room and a leopard-themed library.

The library’s furnishings is upholstered within the noticed sample, as are the pillows, partitions and carpeting. The room is appointed with work that function leopards, a small blond doll in a fur coat perched on the leopard couch, a tray emblazoned with a wildcat, and a photograph portrait of a younger Ivanka together with her mother. Each are pictured seated on the room’s leopard couch with Ivana sporting a leopard costume as she kisses her daughter’s cheek.

Among the many residence’s 5 bedrooms is Ivanka’s former suite which features a fire and canopied mattress that’s nonetheless adorned with a gold crown on prime. Within the bathtub, just a few of the ceramic tiles on the partitions and within the bathe are customized with “Ivanka” handwritten and embellished with hearts.

Off a small kitchen on the second ground is a small eating space with an overhead crystal chandelier hanging instantly under a skylight. Ivana’s kids would contemplate promoting the house absolutely furnished, Erickson advised CNBC.

Within the rear of the townhouse is a 700-square-foot brick courtyard.

Actual property taxes on the residence are nearly $10,900 a month or about $130,000 per yr, in keeping with the itemizing.