Blog

Eastdil Secured CEO Benjamin Lambert sells Upper East Side townhouse for $10.4 million

By Roland Li

Benjamin Lambert, chairman and CEO of commercial real estate brokerage and bank Eastdil Secured, has sold his Upper East Side townhouse at 69 East 82nd Street for $10.4 million, according to city records.

The buyers were W. Dexter Paine III, partner of California-based private equity firm Paine & Partners, and Susan Paine. In January, W. Dexter Paine III sold a two-bedroom apartment at the Sherry-Netherland for $4.495 million, according to the Observer.

The 20-foot townhouse is 6,400 s/f and has five bedrooms and six bathrooms. According to Streeteasy, it was originally listed for $13 million in April 2010, and then $12.1 million in September 2010.

Stribling & Associates’ Cornelia Zagat Eland, Alexa Lambert, Emily Hanna and Marc Achilles were the brokers.

“It was in very good condition,” said Eland. “It has a lovely backyard.”

Related posts
From apothecaries to Apple cubes, David LaPierre sows seeds for retail showstoppers
REW Staff
TIAA-CREF buys 425 Park Avenue land for $315 million
REW Staff
1143 Second Avenue comes to market
REW Staff
Mitch Rudin departs CBRE for Brookfield
REW Staff