An Upper East Side townhouse has redefined the real estate game, hitting the market for about twice its sale price just one year ago, The Post has learned.
Alan Leavitt, the managing member and founder of Lane Capital Partners, made a shrewd investment last June when he snagged this property for $4.5 million, records show.
Fast forward to the present, and this four-bedroom, six-bathroom spread, located at 135 E. 65th St., is now for sale asking $8.25 million.
If Leavitt manages to secure this princely sum, he’ll be walking away with a jaw-dropping profit, nearly doubling his investment in the span of just a year.
But there’s an extra surprise. This structure last changed hands in 2003 for $4.8 million. This means that when Leavitt inked the deal, he paid about $300,000 less than the previous owner.
Positioned on a picturesque block, this resplendent four-story Colonial Revival townhouse showcases a distinctive copper bay window on its parlor floor. With high ceilings, palatial rooms, original hardwood floors and an abundance of natural light, this home boasts an array of stylish features.
Every floor has been refinished and each room has received a fresh coat of paint, the listing notes.
This residence stands 20 feet wide with over 4,500 square feet of interior space and an additional 3,900 square feet of floor area ratio for potential expansion.
Step through the gracious marble entry foyer, and you’ll find yourself in a formal dining room that opens onto a sun-soaked 20-by-50-foot south-facing garden complete with a bluestone patio.
The galley-style kitchen and adjacent breakfast room are adorned with custom cabinetry, marble floors and countertops, and top-of-the-line appliances.
On the parlor floor is the living room and library. Enchanting arched doors lead to Juliet balconies overlooking the garden below. The library itself is adorned with oak paneling and a fireplace.
Venture to the third floor, and you’ll encounter the south-facing primary bedroom featuring three arched doors with Juliet balconies, a cozy fireplace and a marble bathroom. A dressing room/study with walls lined in custom cabinetry completes this level.
The fourth floor unveils two bedrooms, each boasting its ensuite bath. The north-facing suite even boasts a separate kitchenette for added convenience.
Sabrina Saltiel of Douglas Elliman represents this offering.
The Post has reached out to Leavitt for comment.
Of note, the townhouse market in the city has faced its share of challenges.
“The Real Housewives of New York City” star Sonja Morgan has been unable to part ways with her townhouse at 162 E. 63rd St., despite slashing its price over the years, currently listing it at $7.5 million.
And if that’s not enough, even billionaire Ron Perelman has struggled to sell his lavish townhome at 36 E. 63rd St., languishing on the market since 2021 with an initial asking price of $60 million.
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