“Muppets Mansion” on Market for $27,250,000

Question: What do Muppet stars Kermit the Frog, Miss Piggy and Big Bird have in common with Warner Music Group CEO Edgar Bronfman, Jr.?

Answer: They all “owned” a mansion located at 117 East 69th Street on New York’s Upper East Side. And now, what is known as the “Muppet Mansion,” is sale for $27,250,000.

Source: BAM.org

Strange bedfellows, indeed! According to The Real Deal, the home (above) was once owned by Jim Henson, who became perhaps the most famous puppeteer in history after creating The Muppets for Sesame Street. Henson used this home as his creative headquarters; it was where his designers developed stories for Kermit, Miss Piggy and Big Bird. The Real Deal reports Henson bought the home in 1977 for $600,000 from the New York State Pharmaceutical Association. After Henson’s death in 1990, his estate sold the mansion in 2005 for $12.4 million. Bronfman then purchased it for $28.5 million in 2008. His plans to renovate never panned out and it’s now for sale for about a million less than his purchase price.

The Neo-Georgian mansion was commissioned to be built in 1928 by Beekman Winthrop, a descendant of both first-time governors of Massachusetts and Connecticut. Winthrop was a New York lawyer and he was later appointed Assistant Secretary of the Treasury by President Theodore Roosevelt. According to Brown Harris Stevens, Winthrop replaced two smaller townhouses to create his 40-ft wide residence, which still has the “…original regal red brick facade, a stone entrance portico with Ionic columns and Doric piers supporting a full entablature. The first and third-floor windows feature multi-panel sash, splayed lintels and keystones. The second-level windows are round-arched with keystones and iron-guard rails. At the very top is the slate mansard roof with four dormers.”

Upper East Side real estate rarely offers 40-ft wide homes and therefore, this 12,000 sq ft home is being marketed with the potential to be used as “trophy headquarters” or as the “home of a small bank, hedge fund or other enterprise.” Obviously, looking at the photos, it will need some work inside, but who wouldn’t want to own a property with pedigree that includes the Muppets and Edgar Bronfman?

Source: Brown Harris Stevens

Source: Brown Harris Stevens

Source: Brown Harris Stevens