Real estate

Mary-Kate Olsen and Olivier Sarkozy buy Manhattan townhome

April 28, 2014 at 6:45 PM ET

Maybe this time, Mary-Kate Olsen and her fiancé, Olivier Sarkozy, will actually move into this New York City townhouse.

According to reports, the pint-sized former child star and the half-brother of former French Prime Minister Nicholas Sarkozy have snatched up a $13.5 million residence on the East Side of Manhattan.

Mary-Kate Olsen's new home is tucked into Turtle Bay Gardens, a group of grand 1860s-era town homes that surround a central promenade and gardens in midtown Manhattan.
Douglas Elliman Real Estate / Zillow
Mary-Kate Olsen's new home is tucked into Turtle Bay Gardens, a group of grand 1860s-era town homes that surround a central promenade and gardens in midtown Manhattan.

The Turtle Bay abode called out to the couple mostly due to Olsen’s desire for an ultra-private love nest. The key selling point may have been the historic townhome’s private garage, since it will allow easy escape from the paparazzi.

However, with soaring 22-foot ceilings and a whopping 8,000 square feet of living space, there are plenty of other reasons why Olsen and Sarkozy were easily smitten.

Owned last by painter David Deutsch, the 1860s townhouse includes five bedrooms, an elevator, artist studio and, of course, a ballroom. The original list price was $16.5 million.

The reported purchase comes two years after Olsen, 27, and Sarkozy, a 44-year-old banker, bought a $6.25 million place on East 10th Street in lower Manhattan – a home they reportedly never moved into.

Citing her concern over the home’s lack of security, Olsen instead sold the place last fall and commenced a new search, which was carried out amid much Big Apple media fanfare when the happy couple/Knicks’ fans were caught on the Madison Square Garden kiss cam.

In case you’re wondering what a monthly payment is on a $13.5 million home, assuming a 30-year mortgage with 20 percent down ($2,700,000), the calculation is $65,953 a month.

See more photos of the home on Zillow blog.

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