1. Frank Woolworth Mansion
Location: Manhattan, NY
For sale: $90 million
Monthly mortgage: $340,798
After the Spelling Manor found a buyer, and Tranquility chopped $25M off its asking price, New York'sFrank Woolworth mansion and its $90 million list price hopped to the #1 spot on Zillow's bi-annual Most Expensive Homes for Sale list.
In some places, $90 million can buy you a small island. On the big island of Manhattan, $90 million will buy you a 7-story home with 10 bedrooms, 11.5 bathrooms, three kitchens, a paneled library, elevator, private gym, and a formal dining room with seating for up to 50 guests. This mammoth Manhattan property is paired with a mammoth mortgage payment of $340,798/month (based on a 20 percent down payment of $18 million and 3.93 percent 30-year fixed mortgage rate).
What can you get on the Upper East side real estate market for $340,000? Not a whole lot! More specifically, a studio apartment:
245 E 72nd St, New York, NY 10021 (below)
For sale: $345,000
Features: Foyer, windowed bath, eat-in kitchen, dishwasher,new appliances, walk-in closet, and hardwood floors
Credit: Zillow Blog