Sonja Morgan finally sells her Upper East Side home at auction — for less than half its purchase price
After years of price cuts and no buyers, Sonja Morgan has finally unloaded her luxurious Upper East Side townhouse in an online auction.
The “Real Housewives of New York City” star parted ways with her opulent residence at 162 E. 63rd St., but not without a significant financial hit, The Post has learned. The property, which made appearances on the hit Bravo series, sold to the highest bidder for $4.45 million in a no-reserve sale that lasted nearly two weeks.
The final sale price, with the buyer’s premium of 12%, ended up at $4.98 million.
Morgan originally snapped up the elegant five-story home in 1998 with her then-husband, JPMorgan heir John Adams Morgan, for $9.1 million. She didn’t immediately reply to a message seeking comment on the sale.
“This townhouse has been our cherished home for decades,” Morgan previously told The Post in a statement when the auction was announced in April. “In addition to raising my daughter here, we entertained heads of state, royalty, luminaries and Fortune 500 CEOs. Many memories were made over the years, including hosting my daughter’s friends from boarding school and university, and so many noteworthy moments were filmed by NBC for Bravo and Peacock TV. Now, as an empty nester, I am ready to share this turnkey, easy-to-manage jewel over to someone new to enjoy as we did.”
Despite appearing on screen, Morgan kept this 4,650-square-foot home through some big ups and downs. Among the latter, a 2010 bankruptcy filing, with court papers at the time showing she was $19.8 million in debt with $13.5 million in assets. The case was settled in 2015, and she was allowed to keep the home — and she ultimately decided to stay.
In 2013, amid a tumultuous divorce, Morgan listed the swanky property for $9.95 million. But despite its prime location and lavish features, the home has struggled to find a buyer, floating on and off the market with dramatic price slashes in the following years.
In 2015, Morgan cut the price to $7.2 million. By 2018, she was trying a different tactic: renting it out for $32,000 a month.
Last summer, she re-listed it post-renovation for $8.75 million. Up until last month, it was listed for $7.5 million.
Aiming for an efficient sale, Morgan opted for an auction. The sale ended on Wednesday at 4 p.m., and was handled by Concierge Auctions in cooperation with longtime luxury real estate broker Adam Modlin, of the Modlin Group.
One of the last bids was placed only four days into the auction at $4.25 million, on May 20th, with no other bidders coming forward until the day of. Only in the last 5 minutes before the auction was set to close, another interested buyer came in with the $4.45 million bid.
The grand residence boasts five bedrooms, 5.5 bathrooms and luxurious amenities.
Details include custom woodwork, antique P.E. Guerin hardware and mosaic floors. The solarium, with floor-to-ceiling windows, leads to a charming 35-foot garden with a fountain and a koi pond.
The second floor features a formal dining room adorned with Gracie Studio wall coverings and a marble-mantled woodburning fireplace. The primary suite offers a serene retreat with a private balcony, a sitting room and an ensuite bathroom.
