Financier’s massive NYC penthouse returns to market with $10M discount

This massive Upper East Side penthouse, which first went on the market 9 years in the past, simply obtained a massive $10 million-plus value slash.

The 5,100-plus-square-foot, five-bedroom co-op at 1185 Park Ave. is now asking $16.75 million — down from its $27.5 million ask in 2013.

JPMorgan Chase honcho Jamie Dimon owns the neighboring penthouse. Now you might be his neighbor. 

Former AllianceBernstein chief funding officer Marc Mayer and his spouse, Meera, an government director at Morgan Stanley Private Wealth Management, are the sellers, and their penthouse pad is sort of palatial.

The duplex comes with a library, a 700-bottle wine cellar and, most impressively, the “crowning jewel” — a 2,850-square-foot wraparound landscaped terrace.

The house additionally options an eat-in kitchen, a backyard/sunroom — paying homage to a French orangerie, notes the itemizing — a woodburning hearth with an 18th-century French mantel and 24-foot domed ceilings.

Interior of the Park Avenue penthouse.
There’s over 5,100 sq. toes of dwelling area inside.
David Paler
The penthouse's expansive terrace with chaises.
The duplex has a 2,850-square-foot wraparound landscaped terrace.
David Paler
The penthouse's foyer.
The massive house has 24-foot-high ceilings.
David Paler

A personal touchdown leads to a central gallery with the excessive ceilings and a marble staircase lined with giant home windows showcasing metropolis views.

The constructing by Schwartz and Gross dates to 1929 and unique particulars embrace coffered ceilings within the formal eating room — and wooden paneling, pegged wooden floors and ornamental plaster within the library.

The nook main bedroom suite has metropolis and river views, a mahogany-paneled dressing room and partitions of closets.

Daniela Kunen of Douglas Elliman has the itemizing.

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