Bill Cosby has put his Upper East Side townhouse on the market for $29 million, according to Realtor.com. The seven-story residence at 18 East 71st Street is listed at approximately $2,230 per square foot.
The decision to sell follows more than eight months after First Foundation Bank accused Cosby of defaulting on a $17.5 million loan associated with the property. The bank alleges that Cosby stopped making payments and owes over $300,000 in property taxes.
Cosby and his wife, Camille, purchased the limestone mansion in 1990 for $6.3 million. Known as the Luyster Mansion, it was built in 1899 and features original details such as mahogany floors and an elevator connecting nearly every level. The six-bedroom home includes a dining room with seating for 30 people, several suites, a roof garden, and a parlor level designed for entertaining.
Adam Schneider of Corcoran is handling the listing. This marks the first time in more than three decades that the property has been offered for sale.
In addition to this property, Cosby also listed another Manhattan townhouse earlier this year—a four-story building at 243 East 61st Street previously used by his late son Ennis—for $7 million. That price was reduced to $6.75 million in July after CitiMortgage accused Cosby and his wife of defaulting on a $4.2 million loan related to that home and began foreclosure proceedings.
Cosby’s legal issues extend beyond real estate matters. His sexual assault conviction was overturned in 2021; however, he continues to face new allegations, including one filed in January accusing him of drugging and sexually assaulting a minor in Las Vegas during the 1980s.
Currently, Bill and Camille Cosby primarily reside outside Philadelphia at an estate they bought for $225,000 before “The Cosby Show” increased his public profile.
