David Rockefeller’s former Upper East Side mansion has traded hands again, purchased by an Australian tech entrepreneur.
Stake.com co-founder Bijan Tehrani purchased the townhouse at 146 East 65th Street for $47 million, the Wall Street Journal reported. The deal for the 12,500-square-foot property breaks down to $3,760 per square foot.
The seller was Doug Band, a former aide and adviser to Bill Clinton. Band purchased the property in 2018 for $20 million and with his wife, Lily, spent years renovating the townhouse before listing it three months ago for $57.5 million.
The five-story, Colonial Revival-style home was built almost exactly a century ago. The eight-bedroom home has 3,500 square feet of outdoor space, including a roof deck and gardens flanking the front and back of the house. Other amenities include a sauna, gym, sports simulator and a sports court with a movie screen.
The Modlin Group’s Adam Modlin represented both the buyer and the seller.
Tehrani’s purchase represents one of the most expensive townhouse deals of the year; it would’ve been the fourth priciest transaction in New York City’s market for all of last year. This spring, Julia Koch sold her Upper East Side townhouse on Park Avenue for $41 million in an off-market deal.
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Band worked for Clinton as a White House aide, then as an adviser before leaving to co-found a consulting firm called Teneo Holdings. Band also played a major role in creating the Clinton Global Initiative, before he and the ex-president appeared to sever their relationship roughly 10 years after the presidential term ended.
Tehrani’s fortune stems from co-founding a pair of websites, Stake.com (for crypto gambling) and Kick.com (for gaming).
— Holden Walter-Warner
Correction: A previous version of this article misstated Adam Modlin of the Modlin Group as only representing the seller in the deal.