Nestled in the heart of Manhattan’s Upper East Side, a storied neo-Georgian townhouse that has witnessed over a century of history is once again on the market, this time with a price tag of $45.5 million. Originally commissioned in 1904 by Dr. Frederick S. Lee, a prominent physician associated with Columbia University and a former president of the New York Botanical Garden, this residence was brought to life by the esteemed architect Charles A. Platt. Platt, renowned not only for his architectural prowess but also for his talents in landscape design and painting, created a home that seamlessly blends beauty with function.
The property, situated at 125 E. 65th St., is a striking 35-foot-wide structure that has undergone a remarkable transformation since its inception. Historical records indicate that in 1944, the founder of Time magazine, Henry Luce, gifted the townhouse to the China Institute, which led to its identity as “China House” for the next seven decades. This intriguing lineage adds layers to the property’s character and underscores its significance in New York’s cultural landscape.
In recent years, the home has undergone extensive renovations, culminating in a luxurious restoration that emphasizes both modern comfort and the grandeur of its historic roots. After hitting the market in 2014 for $32 million and remaining unsold for several years, it was finally purchased in 2021 for $16.8 million, underlining the fluctuating dynamics of the New York real estate market. Today, it boasts an expansive 14,346 square feet of living space, featuring six bedrooms, seven bathrooms, and four powder rooms.
Among the highlights of this residence is a chef’s kitchen that serves as a culinary centerpiece, complemented by an inviting entertaining space that opens onto a beautifully landscaped garden. The outdoor areas are designed for relaxation and social gatherings, featuring a 3,500-square-foot roof deck and a garden that provide serene escapes from the bustling city life.
Inside, the townhouse dazzles with elements such as beamed ceilings and five fireplaces that enhance its classic charm. The formal dining room, capable of seating 16, is adorned with a fireplace and a butler’s pantry, creating a perfect setting for hosting elegant dinners. The living room, expansive at 30 feet wide, features towering 11-foot ceilings, herringbone oak floors, and three French doors that flood the space with natural light.
The main bedroom suite occupies the entire fourth floor, offering an oasis of luxury with its own fireplace, two dressing rooms, and dual spa-like bathrooms. The additional bedrooms provide comfortable retreats, with a playroom and a dedicated staff/guest bedroom located on the garden level, alongside a media/game room, wine cellar, and a gym equipped for wellness enthusiasts.
Last year, the residence also gained attention by hosting the 2024 Kips Bay Decorator Show House New York, a prestigious event that showcases the talents of leading interior designers, further solidifying its status as a centerpiece of design and aesthetics.
The listing is represented by notable brokers Ryan Serhant and Melissa Post of Serhant, adding a layer of prestige considering Serhant’s rising fame from the Netflix series “Owning New York.” While this property is not part of the show, its grandeur and historical significance certainly make it a noteworthy feature in the vibrant tapestry of New York real estate.
As the market continues to fluctuate, this townhouse stands as a testament to the enduring allure of historical properties in New York City, where the past meets the present in striking fashion. Whether one seeks a luxurious family residence or a piece of New York’s rich history, this townhouse encapsulates both, inviting its next owner to write the next chapter in its storied legacy.
Reviewed by: News Desk
Edited with AI assistance + Human research
