Michael Daffey pays $51M to Estate of Jeffrey Epstein for Lenox Hill townhouse

Finance executive Michael Daffey through the entity Back To NYC 71, LLC paid the Estate of Jeffrey Epstein’s Maple, Inc. $51 million for the townhouse at 9 East 71st Street in Lenox Hill. The deal closed on March 8, 2021, and was recorded on March 19, 2021. The transaction consists of 1 parcel, including the tax class single-family, attached or semi-detached (A5). The property is 18,814 square feet. The parcel(s) have total development potential of 18,814 square feet.
The average sale price per square foot is $2,711.

Epstein’s entity bought the building in 1989 for $19.924 million from a school. PincusCo calculated the 1989 purchase price by dividing the real property transfer tax listed at $52,800 by the tax rate which is 0.0265%, which yields $19,924,528.

Epstein died by suicide in 2019 in a Manhattan jail. The signatory for the seller, Darren Indyke, is a co-executor of Epstein’s estate. Indyke was added as an additional defendant by prosecutors in a sex-trafficking racketeering case filed by U.S. Virgin Islands Attorney General, Bloomberg reported in February 2021.  Indyke’s attorney provided a statement to Bloomberg denying the charges. “Darren Indyke and Richard Kahn categorically reject the allegations of misconduct made for the first time today by the Attorney General of the Virgin Islands regarding their purported roles in the so-called ‘Epstein Enterprise,’” Daniel Weiner, a lawyer for the co-executors, said in a statement to Bloomberg.

The contract date was February 4, 2021. The buyer was Australian financier Michael Daffey, the New York Post reported.

Direct link to Acris document. link