Tour the sprawling New York penthouse that a hotel mogul is selling for $20 million

Aspen CO 3Town CommercialThe view from one of the home’s four terraces.

Hotel mogul Ed Scheetz is looking to sell his duplex penthouse in the Soho neighbourhood of New York for $A20 million.

Scheetz reportedly purchased the property for $A12.7 million in 2008, soon after the overdosing death of his then-girlfriend. Scheetz was sued by the family of the woman, and the case was settled privately in 2010. Scheetz has worked on the Chelsea Hotels in New York and the Hard Rock Hotel in Las Vegas, and he was formerly the CEO of Morgans Hotel Group.

First listed for $A22 million in Feburary 2016 and now priced at $A2.5 million less, the home comes complete with two bedrooms and 2,000 square feet of outdoor space. It’s listed with Lori Shabtai of Town Residential.

See the home, below.

The entire property is 4,189 square feet.

There are two bedrooms ...

... one of which looks out onto one of the four outdoor terraces.

In total, there is 2,000 square feet of terrace space.

Also connected is a shaded dining area, complete with a grill.

The home office also leads to an outdoor space and a workout room.

The ceilings are 14 feet high, and the front room includes a skylight.

The building is a seven-story, cast-iron building that's part of the SoHo Cast Iron District. It was included in the Landmarks Preservation Commission of 1973.

A wood-burning fireplace sits in the main living room.

The lighting was designed by Lutron.

The building, originally constructed in the 1880s, was restored and converted into a condominium in 2000.

However, the interior of this two-story home was more recently renovated.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.