NYC mansion with abandoned renovation relists for $25M

Real Estate

An Upper West Side mansion is back on the market for $25 million — the same price it asked in 2019.

The landmarked property, at 3 Riverside Drive, was once owned by broker and developer Regina Kislin, the daughter of Sam Kislin — a Ukrainian-born metals trader.

The elder Kislin, a former member of the New York City Economic Development Board, also has decades-long ties to Rudy Giuliani, Donald Trump, and one of Trump’s late partners, Soviet-born billionaire Tamir Sapir. 

The younger Kislin bought the spread for less than $10 million in 1995.

The approved renovation plans
The renovation plans, by Italian architect Achille Salvagni, are approved.
Photo courtesy Douglas Elliman

In 2017, the residence was bought at auction for $15.8 million — a dramatic drop from its original $40 million asking price in 2012.  

At 37 feet wide, the mansion is almost double the size of most townhouses. Built in 1899 by Charles Pierrepont Henry Gilbert in a French Renaissance Revival style, it features elaborate gargoyles and cherubs carved into its facade. 

The dining space
The new owner can have a large dining space.
Photo courtesy Douglas Elliman

Inside, however, the scene is less picturesque. The seller was part-way through a major renovation when he abandoned plans. But the mansion does come with “approved” plans by Italian architect Achille Salvagni for over-the-top details such as a “half-Olympic-sized” marble pool, a stadium-seating movie theater, a rooftop terrace, radiant heating throughout, an onyx-walled hot tub and bulletproof windows for the lower front of the house. 

A very unique fireplace
Other perks, per the approved renovation plans, include a seating area with a fireplace.
Photo courtesy Douglas Elliman

The home, with some 19,000 square feet of space, also comes with approved plans for nine bedrooms and 11 bathrooms. It looks out to Riverside Park, the Hudson River and gets good natural light, according to the marketing materials.

The listing brokers are Andrew Azoulay, of Douglas Elliman, and Ian Slater, of Compass. 

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