Johnson & Johnson heiress reduces Vanderbilt Mansion ask by $10M

The five-story townhouse first came on the market in April 2016 for $55M

A little over a year after it first came on the market, the Vanderbilt Mansion on East 69th Street is back on the market, albeit for $10 million less. Johnson & Johnson heiress, Libet Johnson picked up this lavish townhouse for $48 million in 2011, but just five years later she was ready to part with it (not before it had undergone a Peter Marino makeover however).

The five-story home came on the market last April asking $55 million (though the listing photos did not bear any of Marino's signature stylings), but after a month and two years with no success, the over 12,000-square-foot property is trying for $45 million.

Some of the standout features of this red brick and limestone mansion include the soaring ceilings heights, five wood-burning fireplaces, a landscaped garden, two terraces, a private gym, and a black and white marble entryway.

The townhouse has seen its fair share of scions and moguls pass through its grand interiors over the years. The house was built in 1881, and purchased by Alice Gwynne Vanderbilt in 1900. Over the course of the next century it was also home to real estate barons like Walter J. Salmon, and beauty.com finder Roger Barnett. Despite the townhouse's massive price cut, it's still one of the city's most expensive homes for sale.

• Listing: 16 East 69th Street [Sotheby's]
• Johnson & Johnson Heiress Lists Historic Vanderbilt Mansion for $55M [Curbed]
• Heiress Libet Johnson Buys $48 Million Vanderbilt Mansion [Curbed]