An $88 million mansion in NYC with a panic room and a Versailles-inspired dining room has gotten a $26 million price chop and it's still not selling - take a look inside

ues mansionBrown Harris Stevens

  • A townhouse on New York City's Upper East Side is on the market for $88 million.
  • The 20,000-square-foot mansion includes a panic room, a saltwater pool, and a Versailles-inspired dining room.
  • The opulent home has been on and off the market since 2013, when it was initially listed for $114 million.
  • The listing agent says "there is no other property like this available in New York."

An opulent mansion in New York City with a panic room and a Versailles-inspired dining room has been on and off the market for nearly six years. Originally asking $114 million, the townhouse at 12 E. 69th Street is now for sale for $88 million.

Listing agent Paula DelNunzio of Brown Harris Stevens said the mansion is the only 40-foot wide house with a 20,000-square-foot interior that has been on the market in totally renovated condition. Other similarly wide houses for sale in Manhattan have needed extensive renovations, she says.

"The scale of the interior rooms is beyond belief and without compare as there are four of the most remarkable rooms ever seen in a New York mansion," DelNunzio told Business Insider.

The dining room was inspired by Versailles, according to Curbed.

It's been on and off the market since December 2013, when it was originally listed for $114 million. The next year, it was discounted to $98 million.

In 2017, a buyer was in contract to buy the home for $80 million, The Real Deal reported. But the deal fell through, so the house went up for rent for $175,000 a month before being re-listed for $88 million.

Here's what the $88 million house looks like inside.

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A townhouse on New York City's Upper East Side is for sale for $88 million.

A townhouse on New York City's Upper East Side is for sale for $88 million.

The six-bedroom townhouse is 40 feet wide and "totally renovated," according to listing agent Paula DelNunzio of Brown Harris Stevens.

Four windows span both the front and rear facades, "providing remarkable light at all times," according to the listing.

It's only half a block from Central Park.

It's only half a block from Central Park.

"There is no other renovated 40-foot wide mansion available right now between Fifth and Madison Avenues," the listing reads.

Vincent Viola, CEO of Virtu Financial, bought the house in 2005 for $20 million, according to The Real Deal.

Vincent Viola, CEO of Virtu Financial, bought the house in 2005 for $20 million, according to The Real Deal.

The opulent six-level home spans more than 20,000 interior square feet. The floors in the entry hall are heated Onyx marble.

The formal entry hall has 14-foot ceilings.

The formal entry hall has 14-foot ceilings.

As the listing specifies, there's water filtration throughout the whole house. The house also comes with a security system with cameras, not to mention heated sidewalks for automatic snow removal.

It opens to a rotunda with 28.5-foot ceilings.

It opens to a rotunda with 28.5-foot ceilings.

The home's "interior design concepts are typical of the great mansions of Europe and of Stanford White in America," listing agent Paula DelNunzio of Brown Harris Stevens told Business Insider.

"The original architect of this mansion, William Bosworth, worked on the Rockefeller family estate, Kykuit in Tarrytown, and under the auspices of John D. Rockefeller Jr, Bosworth was commissioned to restore the Palace of Versailles, France," Stevens continued.

A hidden door off the main hallway leads to the double-height library and office with 24-foot ceilings.

A hidden door off the main hallway leads to the double-height library and office with 24-foot ceilings.

The house was originally commissioned for an international silk trader in 1883 and then renovated into its present neo-Classical style in 1913.

A colorful mural is painted on the library's ceiling.

A colorful mural is painted on the library's ceiling.

On the garden level, an additional entrance to the library offers private access to the office.

"The scale of the interior rooms is beyond belief and without compare as there are four of the most remarkable rooms ever seen in a New York mansion," listing agent Paula DelNunzio told Business Insider.

"The scale of the interior rooms is beyond belief and without compare as there are four of the most remarkable rooms ever seen in a New York mansion," listing agent Paula DelNunzio told Business Insider.

The owner, Viola, collected art, furnishings, and decoration ideas during his world travels "to combine the very best of the classical tradition with every modern technological convenience," according to the listing.

"As there is no other property like this available in New York, it is for the person who seeks the rarest of the rare," DelNunzio said.

"As there is no other property like this available in New York, it is for the person who seeks the rarest of the rare," DelNunzio said.

The home almost sold to a Chinese buyer for $80 million in 2017, but the deal fell through, The Real Deal reported.

The house then went up for rent for $175,000 per month before being relisted for $88 million, according to The Real Deal.

The home's third floor includes the 40-foot-wide kitchen, where four windows bring in bright, natural light.

The home's third floor includes the 40-foot-wide kitchen, where four windows bring in bright, natural light.

The kitchen comes with "almost every cooking appliance known to a chef," according to the listing.

On the same level is the formal dining room, which was inspired by the Palace of Versailles in France and can accommodate more than 40 people for a sit-down meal.

On the same level is the formal dining room, which was inspired by the Palace of Versailles in France and can accommodate more than 40 people for a sit-down meal.

The original architect of the home, William Bosworth, was also commissioned to restore the Palace of Versailles, according to DelNunzio.

The house includes two bedrooms on the fourth level, and a master bedroom suite with a large sitting room and two full baths on the fifth level.

The house includes two bedrooms on the fourth level, and a master bedroom suite with a large sitting room and two full baths on the fifth level.

The two 40-foot-wide bedrooms on the fourth floor could be converted to four or more bedrooms.

The fifth floor master bedroom also includes two dressing rooms and a separate guest suite.

The fifth floor master bedroom also includes two dressing rooms and a separate guest suite.

One of the master bedroom's dressing rooms is wired as a panic room.

The bathroom pictured in the listing looks like it belongs in a palace.

The bathroom pictured in the listing looks like it belongs in a palace.

Like much of the apartment, it's decorated in a heavy, opulent style. The apartment has a total of 9 bathrooms.

On the lower level of the home is the saline swimming pool. There are also two saunas and a full bath.

On the lower level of the home is the saline swimming pool. There are also two saunas and a full bath.

In the rear of the pool is the lower entrance to the split-level home movie theater.

The movie theater spans two levels and includes 12 plush, red velvet chairs.

The movie theater spans two levels and includes 12 plush, red velvet chairs.

In total, the apartment spreads across six floors, according to the listing, culminating in a 2,650-foot rooftop that has a garden — and views of Central Park.

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