Gianni Versace’s former NY townhouse listed for $70 million

The former luxury New York townhouse of Gianni Versace has hit the market with an asking price of US$70 million.

After his death in 1997, the property was purchased by hedge fund billionaire Thomas Sandell who sought to keep the Versace vision alive.

According to The Dirt, the 10.6m-wide Neoclassical mansion spans more than 1300sq m over six elevator-serviced floors. 

Features include Italian marble, mosaic, and Austrian parquet floors, along with five carved stone fireplaces, eleven bathrooms with seven full baths and four powder rooms and a host of stone columns and pilasters.

Some of the many highlights include a huge 60sq m living room with a painted ceiling, along with restored 19th-century panels depicting Elysian scenes that Versace sourced from a Florentine palazzo. 

Source: Realtor.com

There’s also a second reception room of similar size, a spacious library/office, and a dining room wrapped in delicate hand-painted wall coverings.

The kitchen is a recently updated, high-end, utilitarian space and, like the dining room, the adjoining breakfast room spills out to a 92sq m garden encased in towering lattice fencing.

The townhouse is currently configured with five bedrooms and two staff rooms, however, there is space for up to nine bedrooms

The full-floor homeowner’s suite includes a private sitting room, mulitple closets and a gilt-trimmed bathroom and spa area with a coffee bar.

Outside there is an expansive roof terrace with a gazebo.

Thomas Sandell and his wife Ximena Sandell purchased the property from the Versace family in 2005 for US$30 million.

Source: Realtor.com

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Rowan Crosby

Rowan Crosby is a senior journalist at Elite Agent specialising in finance and real estate.