Bill Cosby’s Manhattan townhouse is back — and cheaper.
Weeks after a California jury ordered him to pay nearly $60 million to a woman who alleges he drugged and assaulted her as a teenager in 1972, Cosby has quietly cut the price of his Manhattan townhouse by more than $750,000, The Post has learned.
The Upper East Side dwelling originally hit the market last April for $6.99 million, amid a deepening foreclosure crisis that ensnared two of the Cosby family’s Manhattan properties simultaneously. Three months later, in early July, the price reduced by $250,000 to $6.75 million. It now asks $5.99 million.
But the foreclosure crisis has since taken a turn in Cosby’s favor — at least in part.
When the financial trouble first surfaced publicly, both New York City residences were under threat.
CitiMortgage alleged in court filings that Cosby, 88, and his wife, Camille, had defaulted on a $4.2 million loan tied to this East 61st Street townhouse, with outstanding principal and accrued charges topping $3.7 million.
A separate lender, First Foundation Bank, filed suit in Manhattan Supreme Court on Dec. 31 over the couple’s grander Beaux-Arts townhouse on East 71st Street, alleging default on $17.5 million in loans secured against the 12,000-square-foot mansion — including a $12.25 million loan from 2010 and a $5.25 million loan from 2014.
First Foundation alleged that the Cosbys had stopped making payments on June 1, 2024. A default notice was served Nov. 18 of that year, citing missed monthly installments and more than $300,000 in unpaid property taxes. The couple, operating through an LLC, were given until Dec. 12, 2024, to settle the debt. No payment came, the bank alleged.
The 71st Street property ultimately sold in late 2025 for $28 million — just $1 million shy of the $29 million asking price — giving Cosby enough to satisfy that lender and, apparently, buy time on the smaller home.
The East 61st Street townhouse was pulled from the market in December, with listing agent Adam Schneider of Corcoran previously telling Realtor.com that financial matters had been squared away.
“All issues with the lender have been resolved,” Schneider wrote in an email that month. “The property is now being renovated and we plan to list in the New Year.”
True to his word, the home returned to the market in January. The current listing touts a “reimagined” interior, with fresh photography to match, and carries the note that the price has been “reduced for spring.”
The property itself offers considerable pedigree. Cosby paid $1.2 million for it in 1980, and the four-story residence sits within the Treadwell Farm Historic District in Lenox Hill, one of the city’s earliest landmarked preservation zones. The home stretches across 5,000 square feet with a 20-foot-wide footprint.
“Unlike apartment life, townhouses offer the freedom of full independence: no shared walls, no co-op boards or common lobbies, no neighbors above or below,” the listing states. “Just your own private home, enhanced by exclusive outdoor spaces perfect for entertaining or simply unwinding.”
The home delivers on that pitch. Six bedrooms and six bathrooms spread across four floors, connected by a red oak staircase and what the listing calls the 10th residential elevator ever installed in New York City, since updated.
Crown molding, five working woodburning fireplaces, 12-inch mosaic hardwood flooring on the second level, exposed red brick walls and original oak floors throughout preserve the home’s 19th-century character.
The kitchen features stainless-steel appliances anchored by a Montague Grizzly range. French doors off the dining room lead to a sunroom, which opens directly to a landscaped private backyard with a fire pit, a seating area and a barbecue.
At the top of the house, the primary suite is illuminated by skylights and floor-to-ceiling windows, with a Juliet terrace overlooking the garden below. The basement handles the practical business, with laundry and generous storage.
The listing promises a rooftop with elevator access, “ready for your custom build.”
The property carries a complicated personal history beyond the financial. Records and prior reporting indicate the home was primarily used by the Cosbys’ son Ennis, a Columbia University alumnus who was shot and killed during a robbery attempt in Los Angeles in 1997 at age 27.
Cosby’s financial difficulties unfolded against the backdrop of his ongoing legal exposure. He was convicted in 2018 on three counts of aggravated indecent assault and served nearly three years before the Pennsylvania Supreme Court threw out the verdict in 2021, finding due process violations in how the case was prosecuted.
That reversal did not put his legal troubles to rest. A civil jury recently found him liable in a separate lawsuit brought by Judy Huth Motsinger, who alleged that Cosby assaulted her decades ago after inviting her backstage at a stand-up show in San Carlos, California, where he allegedly gave her wine and two pills she believed were aspirin. She alleged she lost consciousness and woke up at home partially undressed.
A lawsuit cited by ABC News described the aftermath: “She woke up in her house with all her clothes off, except her underwear on — no top, no bra and no pants. She knew she had been drugged and raped by Bill Cosby.”
In the wake of that verdict, Motsinger released a statement.
“This verdict is not just about me — it’s about finally being heard and holding Mr. Cosby accountable,” she said. “I have carried the weight of what happened to me for more than 50 years. It never goes away. Today, a jury saw the truth and held him accountable. That means everything. I hope this gives strength to other survivors who are still waiting for their moment to be heard.”
Cosby’s attorney has said her client intends to appeal.
A representative for Cosby did not respond to a request for comment on the property or its new price.
