Barbara Walters’ Iconic NYC Home Finds a Buyer

By: MRT Desk

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Barbara Walters

Barbara Walters, the late news icon, spent a significant portion of her life in a luxurious Manhattan condo. After her passing in December 2022, the 5-bed, 6-bath home was put on the market for $19.75 million. Now, it seems that the property has found a potential buyer, but at what price?

Price Adjustment and Pending Sale

Initially listed at $19.75 million, the price of Barbara Walters’ Manhattan condo was later reduced to around $17.7 million. Subsequently, an offer has been made on the property, and it is currently under contract, pending sale. The exact amount offered remains undisclosed, leaving the final selling price a mystery.

If the sale goes through, the details will be revealed through property records. However, considering the initial listing price and the property’s luxurious features, any potential buyer is likely to have made a sound investment.

Features of the Luxurious Residence

Barbara Walters’ apartment, located on the Upper East Side, offers a glimpse into the opulent lifestyle she enjoyed. Spanning the entire sixth floor of a Fifth Avenue building, the apartment boasts 11 rooms, including 5 bedrooms and 5.5 bathrooms. The grand living room, with its wood-burning fireplace and Central Park views, stands out as a key attraction. Additionally, the apartment features a cozy library and a storied dining room, where numerous significant conversations have taken place over the years.

Insight into the Property’s Value

While the price tag of $19.75 million may initially seem exorbitant, a closer look at the property’s features and location provides context. With only 33% financing allowed, a minimum down payment of $13.23 million is required. Furthermore, the monthly maintenance fees alone exceed $19,000, reflecting the exclusivity and desirability of the residence.

Comparable Properties in the Area

Lenox Hill870 Fifth Avenue$3,250,00044.5
Upper East Side120 East 81st Street$2,300,00022.5
Lenox Hill401 East 74th Street$630,00011
Lenox Hill303 East 77th Street$2,975,00033

Frequently Asked Questions

1. What was the initial listing price of Barbara Walters’ Manhattan condo?

The initial listing price of the condo was $19.75 million.

2. What is the current status of the property?

The property is under contract, with a pending sale.

3. What are some notable features of the apartment?

The apartment boasts a wood-burning fireplace, 10-foot high ceilings, and stunning views of Central Park.

4. What is the minimum down payment required for purchasing the property?

With only 33% financing allowed, a minimum down payment of $13.23 million is required.

5. What are the monthly maintenance fees for the residence?

The monthly maintenance fees alone exceed $19,000.

6. What is the significance of the property’s location?

The property is situated on the Upper East Side, known for its exclusivity and desirability.

7. How does the property compare to other residences in the area?

Comparable properties in the area vary in price and features, offering a range of options for potential buyers.

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