The late Ivana Trump’s New York mansion has been on the market for an entire year with no buyers. In September, the original asking price was reduced by $4 million to $22.5 million.
The extravagant home has remained virtually untouched since her death in July 2022. In fact, very little has changed since Ivana Trump, former President Donald Trump’s first ex-wife, renovated the home in the 1990s.
The mansion’s grand staircase is lined with red carpet, silk-covered walls and a gold-accented banister.
Evan Joseph/Douglas Elliman
“It’s very beautiful and very French, with a Versailles flavor on the inside,” said the home’s listing agent, J. Roger Erickson of Douglas Elliman. He was hired by Ivana Trump’s estate, which Erickson said includes her three children Ivanka, Donald Jr. and Eric benefit.
Dining room
Evan Joseph/Douglas Elliman
The six-story, 8,800-square-foot mansion was built in 1879. It’s still adorned with the late Ivana Trump’s furnishings, lined with red carpets and red silk-covered walls, and dripping with gold accents and ornate crystal chandeliers.
“Ivana said, ‘The house is like Louis the 16th would have lived if he had money,’ and that sums it up perfectly in her own words,” Erickson said.
Ivana Trump’s former NYC mansion is located between Fifth and Madison Avenues on 64th Street.
Evan Joseph/Douglas Elliman
In many cases, sellers have their home professionally furnished to make their home more attractive to potential buyers. In this case, the interiors at 10 E. 64th St. are still very much to the late owner’s taste.
Since her death from a fall on the home’s grand staircase, the home remains a time capsule, with family photos still adorning walls and shelves. A large poster of one of Ivana’s magazine cover appearances hangs on the wall outside the home office. Her book ‘Raising Trump’ is on the coffee table in the living room.
Living room
Evan Joseph/Douglas Elliman
Public records show Ivana purchased the limestone townhome in 1992 for $2.5 million. According to Erickson, it was in disrepair when Ivana bought it, and she spent millions renovating it and infusing every floor with her signature style.
“In 30 years, the market … has skyrocketed,” Erickson said.
The latest asking price puts the price per square foot on a townhouse just under $2,600, in line with the average price per square foot for luxury home sales (top 10% of sales) in the third quarter, according to the Elliman Report .
However, the listing, which went on sale last November, has been on the market longer than average for a NYC townhouse, which was about five and a half months in the same quarter and measured from the last price change to the contract date. according to Jonathan Miller, president of Miller Samuel Inc., a real estate appraisal and consulting firm.
When properties like this stay on the market longer than the average marketing time, the listing is likely overpriced, Miller told CNBC.
“The very personal interior of this mansion probably also contributes to the marketing slowdown since then,” says Miller.
Only time will tell if the recent reduction in asking price will help get the house sold.
Here’s a look inside Ivana Trump’s former residence.
Primary bedroom
Evan Joseph/Douglas Elliman
Ivana’s former en suite bedroom occupies the entire third floor and features a fireplace and terrace.
Primary bath
Evan Joseph/Douglas Elliman
The primary bath is covered in pink onyx, mirrors and gold fixtures. It opens to both the bedroom and a leopard-themed library.
Evan Joseph/Douglas Elliman
The library furniture is upholstered in the polka dot pattern, as are the cushions, walls and carpeting. The room is decorated with paintings of leopards, a little blonde doll in a fur coat on the leopard sofa, a tray decorated with a wild cat and a photo portrait of a young Ivanka with her mother. Both are depicted sitting on the room’s leopard sofa, with Ivana wearing a leopard dress as she kisses her daughter’s cheek.
One of the house’s five bedrooms.
Evan Joseph/Douglas Elliman
Among the house’s five bedrooms is Ivanka’s former suite, which has a fireplace and a four-poster bed still decorated with a gold crown on top. In the bath, some ceramic tiles on the walls and in the shower have been personalized with the handwritten text “Ivanka” and decorated with hearts.
Dining area next to the kitchen
Evan Joseph/Douglas Elliman
Next to a small kitchen on the second floor is a small dining area with a crystal chandelier hanging directly under a skylight. Ivana’s children would consider selling the house fully furnished, Erickson told CNBC.
Courtyard
Evan Joseph/Douglas Elliman
At the rear of the mansion there is a 700 square meter stone courtyard.
Property taxes on the home are nearly $10,900 per month or about $130,000 per year, according to the listing.