/N.Y.C.’s Waterfall Mansion Relists for$24 Million – Robb Report

N.Y.C.’s Waterfall Mansion Relists for$24 Million – Robb Report

On and off the market for the better part of a decade, most recently for $34 million, this Manhattan townhouse and its accompanying art gallery just popped up for sale once again. But you’ll still need a considerable amount of cash to pick up the keys to the delectable five-story spread, which is now listed for a more palatable $24 million.

Nestled a few short blocks from Central Park, the premises were originally built way back in 1899 as a home and workshop for textile designers D.D. and Leslie Tillett. Boutique real estate investor Kate Shin purchased the place for $8.5 million in January 2008, and then spent the next four years extensively renovating the former carriage house into a residence resting atop a gallery in collaboration with Japanese architect Toshiko Mori.

Known as the “Waterfall Mansion”—after the 23-foot-tall indoor water feature that cascades into a ground-floor reflecting pool surrounded by sculpture—the towering structure is distinguished by a restored brick façade adorned with stone details. Visitors enter via blackened stainless-steel entry gates sporting a leaf motif, which lead to a gallery that’s not only hosted exhibits by contemporary and international artists, but also industry events for the likes of Rolls-Royce, Gucci and Fendi.

Waterfall Mansion New York City

The dwelling gets its moniker from a 23-foot waterfall that cascades into a reflecting pool stationed amid the ground-floor gallery.

Rich Caplan

As for the living quarters above, six bedrooms and seven baths are sprawled across almost 11,000 square feet boasting quarter-sawn maple floors, paired with marble, black slate, limestone and glass tile finishes. Notable amenities include an elevator to all levels, professional lighting, a central 50-foot light well, and more than 40 windows and skylights custom-made in Germany.

Other highlights include a spacious living room, dining room overlooking the waterfall via floor-to-ceiling walls of glass, and kitchen outfitted with Asko and Thermador appliances. A wine cooler-equipped wet bar, walk-in pantry and powder room are tucked right around the corner; and elsewhere is a full-floor master retreat spotlighted by a separate den, bath equipped with dual vanities and a soaking tub, and access to a terrace warmed by a fire-pit.

Rounding it all out: a basement holding a 1,000-bottle wine cellar, spa and cedar-lined sauna, gym and massage room, plus a landscaped roof deck offering picturesque skyline views.

The listing is held by Bianca D’Alessio and J.B. Andreassi of Nest Seekers International.

Click here for more photos of the “Waterfall Mansion.

Rich Caplan

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