10/13/08

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Russia buys UES townhouse for $35M

36 East 75th St.

Russia has purchased a six-bedroom, four-story townhouse at 36 East 75th Street for $35 million, according to public records posted today. The sellers of the eight-bathroom, 12,000-square foot home were Dr. Michael Evan Sachs, a plastic surgeon, and Linda Dawson Sachs. The deed listed the buyer as the Russian Federation. The Georgian mansion, built in 1893, sold for $24.75 million in 2005. The owners originally listed it in 2006 for $25.75 million, and then increased the price several times until it peaked at $38.9 million in July of last year, according to Streeteasy.com. Habsburg Feldman, a Swiss auction house, occupied it before it became residential again in the early 1990s. TRD