Rare $18.5M NYC townhouse finds a cash buyer in 3 weeks — and wouldn’t exist just 1 block over

The $18.5 million limestone townhouse at 165 E. 64th St. in NYC sold to a cash buyer in just three weeks, underscoring the robust demand for luxury real estate in Manhattan. The property, which features grand architectural details and expansive living spaces, highlights the competitive market for high-end properties. Interestingly, a similar listing just one block over never attracted a buyer, suggesting that location and unique features significantly impact sales in the ultra-premium segment. This transaction reflects broader trends in NYC's real estate market, where cash buyers often dominate the scene.