Bill Cosby and his wife Camille are looking to sell their historic Manhattan townhouse, now listed at a newly discounted price of $6.75 million, a reduction of $250,000 from its original asking price set in April. The couple, who have owned the Upper East Side residence since 1980, face mounting legal and financial issues, including a foreclosure case involving a $4.2 million loan from CitiMortgage.
Situated in the Treadwell Farm Historic District, known for its emblematic 19th-century homes, the four-story townhouse spans approximately 5,000 square feet and includes six bedrooms, four full bathrooms, and two half-baths. It features notable amenities such as a rooftop with elevator access, a sunroom with a backyard connection, and a primary suite adorned with skylights and cedar-lined closets.
This residence is distinguished by its historic significance, as it houses one of the first residential elevators ever installed in New York City. Despite their long ownership and the home’s rich heritage, the Cosbys have recently contended with legal challenges, including a lawsuit alleging loan default, which they dispute, claiming inflated amounts owed.
Bill Cosby, once a significant figure in television, has faced tumultuous times since his 2018 conviction for aggravated indecent assault, which was overturned in 2021 due to due process violations. As the Cosbys navigate through these challenges, the potential sale of their home may represent a necessary step forward amidst ongoing financial distress.
Given the townhouse’s unique historical value and central location, many may view this as an opportunity for a buyer looking to invest in a piece of New York City’s history.