The asking price of Greta Garbo’s former apartment in Midtown East has been slashed by $500,000, a handful of months after it hit the market.
The aerie, located at 450 E. 52nd St., now asks $6.75 million — a drop from the $7.25 million it initially asked when it went up for sale in June.
The current owners, publishing heir John McGraw and his wife Marjorie, already sought to offload the apartment at a loss before the price reduction, having spent $8.5 million for it in 2017.
“The market is very different today than it was when they bought and lovingly upgraded the treasured residence,” co-listing broker Brian K. Lewis, of Compass, told The Post on Tuesday.
“They understand that buyers need to see both rarity and value in order to engage right now,” he added, saying that the new price makes the luxury apartment “hard to resist.”
The floor-through co-op, which boasts three beds, three baths and spectacular views of the East River, had been in Garbo’s family for more than six decades prior to the 2017 sale.
The Swedish-born screen legend bought the apartment in 1954 and lived there until her death in 1990. Garbo’s niece, Gray Reisfield, inherited the home before it was eventually listed for sale by her son, Craig Reisfeld, for $5.95 million in 2017.
A furious bidding war ensued before the McGraws splashed out that $8.5 million on the residence — a whopping 43% more than the asking price.
The home’s ties to Garbo drove up the bidding price, with Craig Reisfeld telling the Wall Street Journal that the McGraws displayed “a reverence for my great aunt.”
Indeed, the couple have preserved some of Garbo’s favorite features inside the home.
Listing photos show the master bedroom’s walls and headboard still come clad in the screen queen’s favorite pink Fortuny silk, while another bedroom still has a pink- and green-accented V’Soske rug that the actress reportedly designed herself.
However, there have also been considerable updates made to the home, with the kitchen undergoing a complete renovation. It now includes a new Miele side-by-side refrigerator/freezer, as well as a stainless steel range and tasteful wood countertops.
The upgrades were a labor of love for the McGraws, who are now set to spend more time in New England.
“They dutifully and beautifully upgraded her legendary residence so that it remains stunning and relevant for the 21st century,” Lewis declared. “They want the next generation to enjoy this immensely livable and important floor-through residence.”
Will Kerr and Woody Kerr, of Corcoran, share the listing with Lewis in a co-exclusive.
Ex-Brit turned Manhattan resident since 2008.