Real Estate

Epstein's Upper East Side Mansion Sells To Finance Exec: Report

The notorious 71st Street townhouse once owned by Jeffrey Epstein sold for a lower-than-expected sum of $51 million, according to reports.

A residence belonging to Jeffrey Epstein on East 71st Street is seen on the Upper East Side of Manhattan on July 8, 2019 in New York City.
A residence belonging to Jeffrey Epstein on East 71st Street is seen on the Upper East Side of Manhattan on July 8, 2019 in New York City. (Kevin Hagen/Getty Images)

UPPER EAST SIDE, NY — The Upper East Side mansion formerly occupied by Jeffrey Epstein, the convicted sex offender and alleged trafficker, has sold at a bargain price to a lower-profile buyer, according to reports.

Michael D. Daffey, a former Goldman Sachs executive who later made his fortune in Bitcoin, purchased the home for $51 million — well below its $88 million asking price, according to the New York Post.

The money will go to a compensation fund for victims of Epstein, a financier accused of abusing dozens of girls before he was arrested on federal sex trafficking charges in July 2019. He died by suicide in jail about a month later.

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Since at least 1996, Epstein lived in the enormous townhouse at 9 East 71st St., known as the Herbert N. Straus house for the Macy's heir who built it in the 1930s.

Prosecutors alleged that Epstein abused girls inside the home, which was outfitted with hidden cameras, according to one victim, and filled with photos of Epstein with celebrities and politicians, according to the New York Times.

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The door to Jeffrey Epstein's residence after it was forcibly opened, July 8, 2019. (Kevin Hagen/Getty Images)

After housing the Birch Wathen School for several decades, the seven-story building was purchased in 1989 by Leslie Wexner, Epstein's mentor and the billionaire founder of the L Brands clothing company.

Epstein moved in a few years later, telling the New York Times that Wexner had scarcely occupied the home.

The mansion was raided by FBI agents in July 2019, following Epstein's arrest.

First listed last year, the mansion was described by realtors as "the largest single-family home in New York City," which "could easily present itself as a palatial consulate, embassy, foundation, or a museum to once again house some of the world’s greatest works of art."

At more than 28,000 square feet, the mansion included 15-foot oak entry doors, a limestone exterior, as well as sculptures and ornamental ironworks, the Modlin Group boasted in its listing.

Daffey is "planning a complete makeover, physically and spiritually," a source told the Post.

Read more at the New York Post.

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