A glamorous townhouse on West 12th Street owned by Ara Hovnanian, the owner of one of the biggest homebuilders in the country, is on the market for $21 million (via Mogulite).
The home spans 8,100 square feet and has two wood burning fireplaces, a garden, a study and home office, two maids rooms that share a bath, and a laundry room on the first floor.
It also has five bedrooms, each with its own bathroom.
Hovnanian paid $15.35 million for the home just a year and a half ago, so he could make some serious dough if the sale price is anywhere near the asking price.
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