Former hedge fund manager and hedge fund billionaire Philip Falcone has listed his Upper East Side mansion for $39 million as he prepares to move into his new home just down the road at 14-16 East 67th Street, which he purchased for $49 million and was previously owned by Bob Guccione. The newly listed limestone mansion, located 22 East 67th Street, was originally built in 1915 and has since been renovated but still showcases 19th-century designs and grandeur. Falcone originally purchased the property for $10,375,000 in 2004.The mansion offers over 13,300 SF of interior living space with an additional 2,200 SF of outdoor space. The 24' wide home features 7 bedrooms and 13.5 bathrooms.
The entry floor offers an entry with sweeping staircase; a formal dining room measuring 25' long which features a south-facing terrace, an intricate gilt-coffered ceiling, massive wood-burning fireplace with marble and gilt surround and a full butler’s kitchen; and a paneled library with wood-burning fireplace and powder room. Downstairs offers a separate gated entrance, a state-of-the-art wine cellar, an eat-in kitchen with the highest quality appliances, oversized island with countertop seating, breakfast banquette and fireplace as well as an adjoining sunroom and south-facing outdoor patio. Additionally, there is a home office or staff room with full bath, powder room and mudroom.
The home continues to the third floor which features a gorgeous formal living room with stunningly detailed molding and a wood-burning fireplace as well as a media room with fireplace and adjoining kitchenette. The master bedroom occupies the entire fourth floor and features a wood-burning fireplace, adjoining walk-in closet, separate powder room, dressing room, and a marble and mahogany paneled bathroom with jet-tub and steam shower. The fifth floor offers two oversized en-suite bedrooms and the sixth floor features a home gym with powder room, south-facing study with fireplace, wet bar and adjoining terrace as well as two guest bedrooms with en-suite bathrooms. The mansion is completed with a planted rooftop terrace with wet bar and two outdoor lounges.
22 East 67th Street is currently listed for $39 million with Adam Modlin of The Modlin Group.
Photos via The Modlin Group