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Carlos Slim Puts His Manhattan Townhouse on the Market for $80Million

14 October 2015

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

The Mexican billionaire Carlos Slim lists Manhattan Townhouse for $80 million. Carlos Slim, put his Manhattan property on the market for $80million, almost double what he paid for the Fifth Avenue property in 2010.

This Fifth Avenue property is a 20,000-square-foot Duke Semans Mansions, located at 1009 Fifth Avenue in New York.

The house was listed recently by Sotheby’s International Reality. Known as the Benjamin N. and Sarah Duke House, this is one of the most talked about properties in New York real estate.

The 25-room mansion has about 11 fireplaces, several of which are carved out of immaculately preserved marble.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

The asking price is $80 million and if the deal would be made, the townhouse could become the most expensive Townhouse in New York City.

This tops a $53 million purchase completed in 2006, said Jonathan Miller, president of New York appraiser Miller Samuel Inc.

We believe that the deal will surely happen, because nowadays rich people are looking for great investments, like this one.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

The deal will surely be a part of the list of the most expensive buildings sold in New York City and the world.

For example, in the city’s history, only one deal was bigger: the $100.5 million sale of a penthouse in the same building.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

“When you see numbers like $100 million, $91.5 million and a couple of $70 millions, you start thinking, ‘Perhaps this is in that league,’” Miller, a Bloomberg View contributor, said of Slim’s listing.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

‘Good Investment’

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

“This house was bought through a real estate firm in our group that’s dedicated to this type of investment,” Arturo Elias Ayub, a spokesman for Slim, said in an e-mail. “We think it was a good investment for the company to buy it at that time, just as we think this is a good time to sell it.”

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

Carlos Slim is the world’s fourth richest person, and he is about to become with $80 million richer. He has bought the Beaux Arts-style property for $44 million in 2010, as Manhattan prices started climbing after the property rout.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

He said at the time he considered the house an investment and wouldn’t live there. The place is a beautifully designed residence which was built in 1901.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million

Interiors of the eight-story property have hand-carved wood paneling, gold leaf-trimmed fixtures and intricate plaster friezes, according to the listing.

Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million
Mexican Billionaire Carlos Slim lists Manhattan Townhouse for $80 Million |source: bloomberg.com|

Seems nice, isn’t it?