Bill Cosby sold his historic New York City townhouse for $28 million, less than two months after putting the property on the market for $29 million. The sale came as the former Cosby Show star faced a foreclosure battle involving another townhouse in the city. The seven-storey residence on East 71st Street, known as the Luyster Mansion, had served as Cosby and his wife Camille’s primary New York home for 35 years.According to the Realtor, the sale closed on 9 November 2025. Cosby had bought the property for $6.3 million in 1990. The sale price also exceeded the $17.5 million in loans at the centre of a dispute with First Foundation Bank.
Bill Cosby sold his historic New York townhouse for $28 million
Cosby initially listed the historic townhouse for $29 million in September 2025. He accepted an offer of $28 million, and the transaction officially closed on 9 November 2025. Although the final price was below the original asking figure, it was substantially higher than the $6.3 million Cosby had paid for the property in 1990.The seven-storey residence had six bedrooms and covered approximately 13,000 square feet. Known as the Luyster Mansion, it had been completed in 1899 by designer John Duncan. The property had not been put on the market for more than three decades. Its sale marked a significant change for the historic residence, which had been the couple’s main New York City home for 35 years.
Bill Cosby faced a loan dispute over his East 71st Street townhouse
The townhouse sale came amid a dispute with First Foundation Bank over loans secured against the property. The lender sought to force a sale to recover money it alleged the couple had failed to repay. The loans comprised $12.25 million borrowed in 2010 and another $5.25 million in 2014.First Foundation alleged that repayments had stopped on 1 June and that the couple had failed to meet their loan obligations and pay property taxes. The bank claimed that more than $300,000 in property taxes were owed on the townhouse. The lawsuit was filed in Manhattan Supreme Court on December 31. The lender claimed that the couple had not repaid the money owed by the stated deadline.
Bill Cosby’s New York mansion featured an elegant dining room and 11 fireplaces
The East 71st Street residence combined historic architecture with interior details. Its listing described a neo-French Classic-style home built with hand-carved limestone and topped by two-storey copper mansard roofs. The property included a Carrara marble vestibule, a primary parlour with an inlaid mahogany floor, and 11 fireplaces throughout its living spaces and bedrooms.An original mahogany-and-bronze elevator connected nearly every level. The formal dining room could accommodate up to 30 people, while the adjoining kitchen featured terra cotta tiles, wainscoting, bevelled glass and more than 30 feet of cabinetry and counter space.
Bill Cosby’s second New York townhouse remained on the market
While the Luyster Mansion had been sold, Cosby’s other New York townhouse remained on the market amid a foreclosure dispute. The four-storey property on East 61st Street had been purchased for $1.2 million in 1980. Cosby listed it in April 2025 for $6.9 million before reducing the asking price to $6.75 million in July.The property remained available at the reduced price. CitiMortgage had accused Cosby and his wife of defaulting on a $4.2 million loan secured against the residence. The lender claimed the couple owed $3.7 million in principal, in addition to interest and fees. The property had reportedly been used primarily by the couple’s son, Ennis, who was murdered in Los Angeles in 1997.Disclaimer: This article is based on publicly available information. The Times of India has not independently verified the property details, asking price, sale price, loan amounts, or foreclosure claims mentioned. The information should not be interpreted as confirmation from Bill Cosby or his representatives.
