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Forbes
Forbes
Lifestyle
Carrie Coolidge, Contributor

This $10.5 million New York Mansion Has An Indoor Basketball Court

The valuted indoor basketball court is a unique feature of this home.

A completely restored and renovated 25-foot wide single family mansion at 427 East 85th Street on the Upper East Side of Manhattan is on the market. The Georgian-style home, has six bedrooms and seven bathrooms on  seven floors and has a commercial grade elevator and a multi-zone HVAC system.The home also boasts a very unique feature: it has one of the only private indoor basketball courts found in a single-family home in the the city.

A Georgian-style mansion on the Upper East Side of Manhattan is for sale

The property is listed with Dolly Lenz Real Estate for $10,500,000, down from $11,995,000 in September. In 2016, the property was on the market with another real estate firm with a listing price of $21,000,000.

The home opens into a gracious gallery and central reception room hat features marble flooring

The home is entered through a gated forecourt on the garden level of the home. It opens into a gracious entry gallery and central reception hall clad in marble that has a duel-fuel fireplace, powder room, private mudroom, and separate service entrance.

Further down the hall is an expansive chef’s kitchen with center island and fireplace as well as a large glass roofed sun room that leads to a landscaped 25-foot wide rear garden.

The living room at 527 East 85th Street in Manhattan.

Formal entertaining spaces are expansive and feature soaring ceilings. The parlor level is highlighted by a double living room exquisitely detailed with quarter-sawn wood floors, custom built-ins, and a beautiful 18th century French fireplace.

The formal dining room at 527 East 85th Street

Adjacent to the living room is an elegant dining room that opens onto a 25-foot wide terrace overlooking the garden. An additional powder room and serving kitchen with connection to the main kitchen provide support for seamless entertaining.

The wood-paneled library at 527 East 85th Street.

The serene private master bedroom suite occupies the entire third floor of the home and features a marble fireplace and custom closets. The master suite has an onyx en-suite bathroom with radiant floors and a Jacuzzi tub, as well as adjacent private library. There are four additional guest bedrooms and two guest bathrooms found one level up on the fourth floor.

The valuted indoor basketball court is a unique feature of this home.

The fifth floor of the home is the ultimate recreation space with a vaulted glass enclosed half basketball court occupying the south portion of the floor and a theater-quality screening room with projection and surround sound located on the north side. A full kitchen with subzero refrigerator and a full bathroom add convenience to this one-of-a-kind space.

Further enhancements include a 6th floor guest/staff suite with private terrace, finished lower level with full bathroom, laundry and storage.

The entry foyer of the mansion at 527 East 85th Street in Manhattan.

Dolly Lenz, one of the top realtors in New York, is the exclusive broker representing the property. Her team can be reached at dlenz@dollylenz.com.

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