Published On: Mon, Sep 17th, 2018

Treasury Secretary Mnuchin Lists Manhattan apartment for $32.5 million

The Manhattan apartment is in the"World's Richest Apartment Building," at 740 Park Avenue whose residents included the Rockefeller, Vanderbilt, and Bronfman

The US Treasury Secretary Steven Mnuchin has listed a 12-room apartment in the”World’s Richest Apartment Building,” at 740 Park Avenue whose residents included the Rockefeller, Vanderbilt, Jacqueline Kennedy Onassis, and Bronfman families.

Mnuchin asking $32.5 million for the apartment he bought in 2000 for $10.5 million from his aunt, Carol Lederman, according to the book “740 Park: The Story of the World’s Richest Apartment Building,” written by Michael Gross.

The condo listed with Warburg Realty has 12 rooms including 5 bedrooms, spread over two floors, connected by a magnificent staircase.

Treasury Secretary Steve Mnuchin Lists Manhattan apartment Photo WARBURG REALTY

Among the Jewish wealthy tenants who live there today are Steven Schwarzman of Blackstone, who lives in Triplex, which he bought 20 years ago for $ 35 million, and hedge fund manager Israel Englander, who paid $ 71 million for a duplex owned by the French government under the duplex he already owns.

The building was built by James Lee, the grandfather of Jacqueline Kennedy Onassis. Monthly maintenance fees are over $ 17,000.

Although the property has been owned by the Manuchin family since the 1960s, it has not been his main residence. Menuchin spent most of his time in California before becoming finance minister in Trump in 2016.

The apartment also has a private elevator, wooden and marble fireplace corners, and large windows overlooking the boulevard.

Treasury Secretary Steve Mnuchin Lists Manhattan apartment Photo WARBURG REALTY

Menuchin previously served as a banker at Goldman Sachs and as CEO of a film production and financing company, such as Avatar and the X-Men series.

He owns a large number of luxury homes, including a beach estate in Southampton, New York, for which he paid $14.78 million in 2005, Villa in Bel Air, which cost him $26.5 million in 2009, and a 9-bedroom and 12.5-acre estate in Washington he acquired  for $12.585 million after his appointment as finance minister.

Treasury Secretary Steve Mnuchin Lists Manhattan apartment Photo WARBURG REALTY

Treasury Secretary Steve Mnuchin Lists Manhattan apartment Photo WARBURG REALTY

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