When you think about celebrity homes, luxury, exclusivity, and grandeur likely come to mind. Bill Cosby’s house at 18 East 71st Street in Manhattan fits that image perfectly. Known as the Luyster Mansion, this seven-story townhouse was more than just a residence—it was a piece of history.
But in recent years, the house property became a source of financial stress for the Cosby family. After defaulting on $17.5 million in loans, the house was listed for $29 million in September 2025. Within just two months, it sold for $28 million, narrowly avoiding foreclosure.
Bill Cosby’s House: Property Overview
Location and Historic Significance
Located in the heart of Manhattan’s Upper East Side, Bill Cosby’s house at 18 East 71st Street is a true architectural gem. The property, built in the early 1900s, is a seven-story townhouse with a limestone facade that exudes elegance and old-world charm. Known as the Luyster Mansion, the home has been a staple of the neighborhood’s history for over a century.
The Upper East Side is one of New York city’s most prestigious neighborhoods, renowned for its tree-lined streets, luxury boutiques, and proximity to Central Park. Owning a property here is a status symbol, and the Cosby townhouse is no exception.
Ownership Timeline
The Cosby family acquired the property in the 1980s through an intricate legal arrangement. Initially purchased through an attorney, the property was later transferred to Camille Cosby’s mother before being placed under the couple’s LLC.
The house served as a family residence for decades, with Bill and Camille Cosby spending significant time there. It was also used by their late son, Ennis Cosby, until his tragic passing in 1997. For over 35 years, the Luyster Mansion remained a cornerstone of the Cosby family’s life in New York city.
Inside Bill Cosby’s House: Key Features
Interior Layout and Luxury Amenities
Step inside Bill Cosby’s house, and you’ll find a blend of historic house elegance and modern luxury. The townhouse spans seven stories, offering an impressive amount of space for a Manhattan residence. Key features of the home include:
- Six bedrooms and multiple bathrooms, ensuring ample space for both family and guests.
- A grand entrance hall with high ceilings that create an airy, open feel.
- A private elevator makes all seven stories easily accessible.
- A rooftop terrace and private garden, providing rare outdoor spaces in the heart of the city.
The interiors have been updated over the years to include modern amenities while retaining the home’s historic charm. Custom details from the Cosby era—such as unique woodwork and decorative finishes—add a personal touch to the property.
Unique Selling Points
What sets Bill Cosby’s house apart from other properties in the area is its combination of historic significance and modern luxury. It’s rare to find a townhouse of this size and grandeur in Manhattan, especially one that has remained off the market for over three decades.
Feature: Bill Cosby’s House, Comparable NYC Townhouses
Stories 7 5-6
Bedrooms 6 4-5
Price/Sq Ft ~$5,000 (est.) $4,500 (average)
Age Early 1900s 1920s
Foreclosure Drama Surrounding Bill Cosby’s House
Loan Defaults and Lawsuits
The financial troubles surrounding Bill Cosby’s house began in 2010, when the family took out a $12.25 million loan from First Foundation Bank. In 2014, they added another $5.25 million loan, bringing their total debt to $17.5 million.
By June 2024, the Cosbys had defaulted on both loans, prompting the bank to file a foreclosure lawsuit. To make matters worse, they also owed over $300,000 in property taxes. The case quickly escalated, with the family contesting the foreclosure in the Manhattan Supreme Court.
Second Property Foreclosure
In addition to the Luyster Mansion, the Cosbys faced foreclosure on a second NYC property—a $7 million townhouse. This property, which had a $4.2 million CitiMortgage loan, was also at risk of being lost.
Fortunately, the $28 million sale of the East 71st Street house property allowed the family to regain financial stability. The proceeds were likely used to clear debts on both properties, averting further legal battles.
- Image Placeholder: Sale documents or court filing graphic.
The $28M Sale of Bill Cosby’s House
Listing to Closing Timeline
The Luyster Mansion was officially listed for $29 million in September 2025, with representation by The Corcoran Group, a leading NYC real estate firm. Within just a month, the property went under contract, and by November 2025, it had sold for $28 million.
This quick sale not only saved the property from foreclosure but also highlighted the strength of Manhattan’s luxury real estate market, even amid financial drama.
Buyer and Market Impact
The buyer of Bill Cosby’s house has remained anonymous, adding to the intrigue surrounding the sale. However, the transaction has sent a clear message: the demand for high-value NYC properties remains strong, even in challenging economic conditions.
FAQs
What is Bill Cosby’s house worth today?
The property sold for $28 million in 2025, and its market value is expected to remain stable due to its prime location and historic significance.
Why was Bill Cosby’s house in foreclosure?
The Cosbys defaulted on $17.5 million in loans and owed over $300,000 in taxes, leading to a foreclosure lawsuit.
Who bought Bill Cosby’s house?
The buyer’s identity has not been disclosed.
Can I tour similar NYC townhouses?
Yes! Many luxury townhouses in the Upper East Side are available for viewing. Check out local real estate listings for options.
Where Does Bill Cosby’s Currently Live?
Bill Cosby currently lives in a secluded mansion in Elkins Park, a suburb outside Philadelphia, Pennsylvania, alongside his wife Camille.
