Ashraf Pahlavi lived in the townhouse during her later years, using it as a private retreat amidst the bustling life of New York City. After her passing in 2016, the property became a symbol of her life in exile and her enduring connection to New York’s elite neighborhoods. In August 2020, the house was sold for $11.5 million, a significant reduction from its original listing price. However, the property’s prominence and historical significance continued to attract attention. In October 2023, it was sold again, this time to the British government for $27.5 million, marking a significant increase in its valuation.