With Penthouse in Contract, Alphabet City Townhouse Drops to $7.5 Million

photo-26Dana Varinsky

Want to buy a four-story luxury townhouse from a media power couple? Congrats, the one that Rachel Weisz and Daniel Craig are said to have checked out just got $1 million cheaper!

The price of the 5,840 square-foot townhouse at 238 East Fourth Street dropped to $7.5 million last week. The cut might have occurred because the penthouse unit above the townhouse has gone into contract, a representative of Town Real Estate told The Local.

Sue Hostetler, editor-in-chief of Art Basel Miami Beach Magazine, and her husband, media executive Jon Diamond, put the townhouse, between Avenues A and B, on the market in April. In September, the two-story, three-bedroom penthouse was also put on the market, priced at $3,895,000. Its owners, Oscar Proust and Colleen Goujjane, are the duo behind One If By Land, Two If By Sea, a romantic dining destination in the West Village.

The entire building, townhouse plus penthouse, was available for $12.4 million, the Wall Street Journal reported in September. But now that the penthouse apartment is in contract, the listing’s suggestion that the townhouse “can be combined with the duplex above for a spectacular 11,000 sq ft mansion” might soon cease to be true.

The space boasts a fireplace featured in New York magazine, a garage, an elevator and an accordion-style wall of windows that connects the kitchen to a 900-square-foot patio. The penthouse includes a roof terrace and fireplace, plus views of the Empire State and Chrysler buildings. It was designed by architect celebs Cortney and Robert Novogratz, of the Bravo reality show “9 by Design” and the HGTV series “Home by Novogratz.”

Ms. Hostetler is no stranger to luxury homes: she’s the author of “Hip Hollywood Homes” and briefly hosted a television series, “Plum Homes With Sue Hostetler.” Her husband, a veteran entertainment and media executive, was at one point the CEO of the Ford Models agency.