Swift Savings: Manhattan Apartment Featured In Taylor Swift's '1989' Album Art Takes $500K Price Plunge

After languishing on the market since October, the owner of the Manhattan apartment where Taylor Swift shot the Polaroid artwork for her "1989" album has knocked $500,000 off the price.

The Union Square home is now listed for $3.2 million, a half million dollars off its last asking price. The property is owned by heiress Sarah Johnson, daughter of billionaire financier and majority owner of the San Francisco Giants Charles Johnson.

Located in the McIntyre Building, a 12-story elevator cooperative built in 1892, natural light streams through 18 oversized south- and west-facing windows of the corner loft. The home underwent a year-long renovation to combine two apartments to create a three-bedroom, 3½-bath home with 12-foot ceilings connected to a custom-engineered steel staircase, according to the listing agent's website.

"It's almost like two separate apartments," listing broker Shane Boyle of the Agency told the New York Post. "We have serious interest from buyers who want to use it as a live-work setup."

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About 65 of the 464 Polaroids Swift shot for the album were taken inside the apartment. Most of the floor where the photos were taken are the same as it was at the time they were shot, and the handwritten lyric "If you leave me, I'm coming with you" written on the door.

"The famous pictures from the Polaroids were mostly taken from the windows, which haven't been touched," Boyle said. "They are these huge 6-foot-long wooden, double-hung windows that are very cool. Most [potential] buyers want to take a picture against the door and on the windows when I share the back story of the apartment. As if they didn't already know!"

The apartment has a copper tub, a rolling library ladder leading to a loft-style storage space and a former exposed elevator shaft encased in glass. A gourmet kitchen features reclaimed chestnut cabinets and a Tiffany-blue vintage refrigerator.

"It is without doubt the coolest apartment I have had the opportunity to work on," Boyle said.

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