Exclusive | This $1.2M Park Avenue home once entertained A-list guests and now it can be your party pad

A Manhattan apartment once home to Hollywood royalty is back on the market — this time with a starring role in the discount department.The former Park Avenue residence of actor Douglas Fairbanks Jr.has re-listed for $1.2 million, a drop from its original $1.75 million ask when it debuted in 2023. The 2,100-square-foot co-op, located in the storied Beekman building, has appeared on and off the market over the past several months, undergoing a series of price reductions.Fairbanks — known for swashbuckling roles on screen and high-society connections off it — once hosted luminaries such as Sir Laurence Olivier, Rex Harrison and the Duke of Wellington in the apartment’s expansive, south-facing living room. That same room now serves as the showpiece of the home, bathed in natural light and designed for entertaining, with space for more than a dozen guests.Despite his success in show business, Fairbanks revealed in a 1989 interview with the New York Times from this apartment that his most meaningful years came when he fought in World War I. ”I believe I was the first film actor to enter the war and probably the last one to come back,” Fairbanks said.

”It was six years of very fulfilling active duty.When it was over, I was told that the public had forgotten me and that it would be very hard to get back into films.

But luck brought me ‘Sinbad the Sailor,’ and it hit the jackpot.” The three-bedroom, three-bath residence is rich in architectural detail and historic charm. A formal foyer with herringbone floors leads into a library designed with classic sensibilities.Pocket doors open to a flexible adjacent room with its own ensuite bath, a marble fireplace imported from England and built-in storage. The primary bedroom is privately tucked away in its own wing and features two walk-in closets, a windowed bathroom, and ample space for a seating area or a desk, the listing notes. Though the building dates to 1927, certain interiors have been thoroug...