The NYC townhouse Mary-Kate Olsen lost in her divorce hits the market for $11.5 million

Sarkozy purchased the 8,700-square-foot house in Turtle Hill for $13.5 million in 2014. It was originally built in 1860 and renovated in the ’20s by heiress Charlotte Hunnewell Sorchan who purchased 21 homes on the street.

The home has six bedrooms and four bathrooms, many art studios, and a library.

Having a backyard is rare in NYC, the townhouse has a sprawling garden that spread across shared backyards. There is also a grand ballroom, 22-foot coffered ceilings, seven fireplaces.

Sarkozy is the half-brother of former French president Nicolas Sarkozy and he purchased the home shortly before he and Olsen were married. The couple worked on renovations together up until their divorce in early 2020.

Mary-Kate and Sarkozy rented townhouses nearby during construction. Olsen attempted to file for an emergency divorce and seemed to continue using their homes and apartments after Sakozoy ended the lease on their $29,000-per-month Gramercy Park home. She claimed in the court docs, “my husband expects me to move out of our home on [May 18] in the middle of New York City being on pause due to COVID-19.” The judge denied the petition and she moved to a $325,000 Hamptons rental for the summer. It‘s not clear if she has since moved.

Celebrity Net Worth estimates that Mary-Kate and her twin sister Ashley Olsen are each worth $250 million, so Mary-Kate should be able to find another property to renovate to her liking soon.