Socialite Shafi Roepers slashes $20 million off the price of her five bedroom Manhattan home

August 2024 ยท 5 minute read

Socialite Shafi Roepers has slashed a third off the price of her third-floor co-op in Manhattan, which she bought with her ex-husband, hedge fund founder Alexander Roepers, now on the market for $45 million.

The five-bedroom, eight-bathroom home at 4 East 66th Street, went on the market in 2015 for $65 million, the New York Post reported.

The unit carries an enormous maintenance cost of $20,770 monthly, according to the real estate listing by agency Brown Harris Stevens and brokers Mary Fitzgibbons and Chris Poore.

A private elevator landing opens to the 'extraordinary residence with exquisite details,' the listing says.

The full-floor home has 12-foot ceilings, wood-burning fire places, Juliet balconies, herringbone floors, French doors, rooms for entertaining, a corner living room, a courtyard and Central Park views.

There is also a formal dining room and a marble and stainless steel chef's kitchen. The main bedroom includes two bathrooms and two dressing rooms.

Socialite Shafi Roepers has listed her home at 4 East 66th Street in Manhattan for $45 million

Socialite Shafi Roepers has listed her home at 4 East 66th Street in Manhattan for $45 million

The apartment originally went on the market in 2015 for $65 million but has been slashed by $20 million

The apartment originally went on the market in 2015 for $65 million but has been slashed by $20 million

Working wood fires are a feature in the full-floor home inside the building along Central Park

Working wood fires are a feature in the full-floor home inside the building along Central Park

The apartment has five bedrooms and eight bathrooms, according to the real estate listing by agency Brown Harris Stevens

The apartment has five bedrooms and eight bathrooms, according to the real estate listing by agency Brown Harris Stevens

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The building, designed by James E. R. Carpenter, dates to 1920 and 'is one of New York's most distinguished white-glove cooperatives,' the listing says. 'This magnificent, mint condition residence was renovated by a world-renowned architect and interior designer featuring the finest materials and craftsmanship.'

Shafi Roepers attends the Wildlife Conservation Society "We Stand for Wildlife" event at the Central Park Zoo in New York City on June 9, 2016. Her apartment is on the market at a slashed price of $45 million

Shafi Roepers attends the Wildlife Conservation Society 'We Stand for Wildlife' event at the Central Park Zoo in New York City on June 9, 2016. Her apartment is on the market at a slashed price of $45 million

The seller's ex, Alexander Roepers, is the chief investment officer of Atlantic Investment Management, which he founded in 1988.

'This is an extraordinary residence with exquisite details,' according to the listing, which goes on to note the extraordinary details of the 13-room apartment.

'The elevator opens to a grand gallery, spanning 37 ft., with three glorious windows. Majestic entertaining rooms with 12 ft. ceilings and wood burning fireplace overlook Central Park,' the listing notes.

 'The grand corner living room with double exposure and library with Juliet balcony are equally proportioned and connected by two sets of French doors. There is an elegant, formal dining room with a wood burning fireplace and delightful Juliet balcony,' Brown Harris Stevens says in the description.

The outside staff includes a concierge, doorman and elevator attendant. Other amenities of the everyday variety include storage and laundry in the building. And yes, pets are allowed.

'The luxurious primary suite enjoys matched his & hers private marble baths and his & hers private dressing rooms,' according to the Brown Harris Stevens website, which says the home also has a staff room with full bath and a large playroom/gym. 

'The well-equipped marble and stainless kitchen with breakfast room can easily accommodate a large staff or caterers. The private wing has four, generous bedrooms with ensuite marble bathrooms all overlooking a beautiful tree-lined street,' the listing says. 

The building, designed by 'architectural luminary' James E. R. Carpenter, dates to 1920 and offers views of Central Park

The building, designed by 'architectural luminary' James E. R. Carpenter, dates to 1920 and offers views of Central Park

The apartment listing describes a 'grand corner living room with double exposure and library'

The apartment listing describes a 'grand corner living room with double exposure and library'

The unit has a hefty monthly maintenance cost of $20,770 but comes with a concierge and private elevator attendant

The unit has a hefty monthly maintenance cost of $20,770 but comes with a concierge and private elevator attendant

Everyday amenities of the the third-floor co-op include storage and laundry in the building

Everyday amenities of the the third-floor co-op include storage and laundry in the building

The home 'is one of New York's most distinguished white-glove cooperatives,' the listing says

The home 'is one of New York's most distinguished white-glove cooperatives,' the listing says

The apartment overlooks a tree-lined street along Central Park and includes Juliet balconies and French doors

The apartment overlooks a tree-lined street along Central Park and includes Juliet balconies and French doors

A mortgage calculator provided on the listing website estimates that at the $45 million price, a 30-year loan at 4 percent interest will result in a $214,836.88 estimated mortgage payment. Including the $20,770 'Maintenance/Common Charges' each month, the total monthly payment would be $235,607.33.

Past and present residents of the building include Daniel Nir, founder and CEO of hedge fund Gracie Capital and Microsoft co-founder Paul Allen. Nir sold his unit for $52 million in 2016, while Allen paid $25 million for the penthouse in 2011.

The discounted new price for the apartment comes during an apparent downturn for the higher end of Manhattan real estate.

Billionaire Vince Viola sold his Upper East Side mansion for $59 million, which was down from its original asking price of $114 million almost a decade ago.

Fellow billionaire Sidney Kimmel sold his Central Park South home for $18.6 million at a $4 million loss.

The estate of the late sex offender Jeffrey Epstein sold for $51 million, which was $37 million off its original $88 million asking price.

A marble and stainless kitchen with a breakfast room can accommodate a large apartment staff or caterers

A marble and stainless kitchen with a breakfast room can accommodate a large apartment staff or caterers

'The elevator opens to a grand gallery, spanning 37 ft., with three glorious windows,' according to the apartment listing

'The elevator opens to a grand gallery, spanning 37 ft., with three glorious windows,' according to the apartment listing

The seller's ex-husband, Alexander Roepers, is the chief investment officer of Atlantic Investment Management

The seller's ex-husband, Alexander Roepers, is the chief investment officer of Atlantic Investment Management

The apartment offers an 'elegant, formal dining room with a wood burning fireplace,' the listing says

The apartment offers an 'elegant, formal dining room with a wood burning fireplace,' the listing says

The private wing of the home has four, 'generous bedrooms' with en suite marble bathrooms

The private wing of the home has four, 'generous bedrooms' with en suite marble bathrooms

Past and present residents of the building include Daniel Nir, founder and CEO of hedge fund Gracie Capital, and Microsoft co-founder Paul Allen

Past and present residents of the building include Daniel Nir, founder and CEO of hedge fund Gracie Capital, and Microsoft co-founder Paul Allen

The apartment is an 'extraordinary residence with exquisite details,' according to brokerage Brown Harris Stevens

 The apartment is an 'extraordinary residence with exquisite details,' according to brokerage Brown Harris Stevens

The home also has a staff room with full bath and a large playroom/gym

The home also has a staff room with full bath and a large playroom/gym

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