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Woolworth Mansion Up For Rent, Just $150,000 A Month

Posted: September 5, 2012
Woolworth Mansion Up For Rent, Just $150,000 A Month

Woolworth Mansion Up For Rent, Just $150,000 A Month

The Woolworth Mansion in New York City, a nearly 100-year-old home designed by famed architect Charles Henry Pierpont Gilbert, can now be yours for just $150,000.

A month, that is.

The famous Manhattan mansion is now on the rental market for the monthly cost equivalent to the average homeowner’s entire mortgage, Yahoo! News reported. And the minimum lease for the listing is two years, so buyers need to be ready to commit to the home.

The Woolworth Mansion was part of a trio of townhouses commissioned by retail magnate Frank Woolworth for his daughters. The one for rent is in the center and 40 percent wider than the others.

The mansion features a room configured as a gymnasium, seven floors, and 20,000 square feet in total. As the New York Daily News points out, nearly every feature in the mansion screams opulence:

“The 35-foot-wide townhouse has a 50-seat dining room attached to a solarium. The master suite has two sitting rooms and two full baths. A wood-paneled library, wet bar, and powder room make up the third floor. Almost every detail in the house is intact.”

It had previously been on the market for $90 million but failed to attract a buyer. The mansion’s current owner, the estate of exercise maven Lucille Roberts, then decided to rent the property rather than sell.

As Yahoo! News points out, the monthly rental price makes the rental price a relative bargain — buying the Woolworth Mansion at its listing price would have created a monthly mortgage payment of more than $420,000.

If you’re interested in renting the Woolworth Mansion or just want to catch a glimpse of how the other 1 percent lives, check out the photo slideshow on Yahoo! Homes.



Comments


7 Archived Responses to “ Woolworth Mansion Up For Rent, Just $150,000 A Month ”

  1. Anonymous
    Sep 6, 2012

    Some idiot will rent this just to show their vulgar display of wealth.

  2. Patti Burton
    Sep 6, 2012

    Hope they enjoy the GOOHHHSSSTTTSS…

  3. I know it's a beautiful house, but I think if they just lower the price just a little bit they will have a better chance on renting it or selling it.

  4. James Nash
    Sep 6, 2012

    Who the hell would want to rent that? Another greedy asshole pissing their money away to another greedy asshole.

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    Sep 6, 2012

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  6. Anonymous
    Sep 7, 2012

    Gee iam running up there now I hope iam the first to stay there.

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