A Gilded-Age Mansion Across From the Metropolitan Museum of Art Has Hit the Market for a Breathtaking $80 Million
The grand Beaux Arts-style residence could become another fixture on Museum Mile.
Gilded-Age mansions are a rarity nowadays, but on Manhattan’s Fifth Avenue, several still stand. One such tony establishment is the Benjamin N. Duke House, a palatial limestone-and-brick structure that has just entered the market with an asking price of $80 million.
The 20,000-square-foot townhouse—located at 1009 Fifth Avenue—was constructed in the Italian Renaissance palazzo style with Beaux-Arts details. Features include eight bedrooms and 10 bathrooms across seven stories, one grand staircase connecting each story, towering ceilings, a private roof deck, and sweeping views of Central Park and the Metropolitan Museum of Art.
The stunning home, built between 1899 and 1901, last sold in 2010, when its current owner, Mexican business magnate Carlos Slim, purchased it for $44 million. At the time, Slim was the wealthiest person in the world. This is, however, not the first time the residence has been put up for sale by Slim. It was first listed for $80 million in 2015, but failed to move and was later taken off the market.
Nor is it the only Gilded-Age mansion in New York City formerly owned by a Duke family member. Just blocks away is the James B. Duke House, named after original owner, the brother of Benjamin N. Duke. Both siblings owned and lived in the Benjamin N. Duke House at different points in the early 1900s.
The Duke family—who made their fortune from tobacco, textiles, and energy—maintained ownership of the abode for over a century, until 2006. James founded the American Tobacco Company and Benjamin served as vice president.
Architectural firm Welch, Smith & Provot designed the dwelling, which was designated a New York City landmark in 1974 and added to the National Register of Historic Places in 1989.
According to the listing, held by Jorge Lopez of Compass, “The building can be reimagined as a private residence or converted into a gallery, store, museum, or foundation.” Perhaps its next buyer will transform it into Museum Mile’s latest fixture.
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