Image courtesy of Paramount Realty USA
The boyhood Queens home of President Donald Trump was slated for an auction this month after failing once again to secure a buyer. But the auction, scheduled for November 14, never happened as no qualified bids came forward, the New York Post reported. Most recently listed for $2.9 million, the five-bedroom Tudor-style home at 85-15 Wareham Place has been on the market three times since 2016, with a short stint on the rental market.
, Tue, September 17, 2019
Images courtesy of Paramount Realty USA
President Donald Trump’s boyhood home in Jamacia Estates is headed to auction after spending 19 days on the market last February for $2.9 million, the New York Times reports. The home is no longer owned by Trump or his organization; the current owner bought the property in 2017 for $2.14 million anonymously via Trump Birth House LLC. The unassuming five-bedroom Tudor has since been used as an Airbnb rental, and it was briefly rented by refugees via anti-poverty organization Oxfam to bring attention to the refugee crisis during the 2017 UN General Assembly.
It’s not about real estate
Photo via A&R Properties Group and TCX Development
A newly constructed building in the upper-middle-class enclave of Jamaica Estates in Queens (aka President Donald Trump’s hometown) is accepting applications for 21 mixed-income apartments. Dubbed the Maya, the eight-story luxury rental at 177-30 Wexford Terrace contains 68 units. Qualifying New Yorkers earning 85, 90, 100, 105, 110 and 115 percent of the area median income can apply for the units ranging from a $1,480/month studio to a $2,622/month two-bedroom.
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Going, going, gone… Today reports that Donald Trump’s childhood home has traded hands once again, officially selling at auction last week to an undisclosed buyer for an undisclosed amount. As 6sqft previously reported, the Jamaica, Queens house was purchased by Manhattan real estate developer Michael Davis for $1.4 million in January from a couple who had owned the Trump memento since 2008 (they shelled out just $782,500). Davis’ intent from the outset was to flip the property for a hefty return, and while no auction price has been revealed, early estimates projected a closing figure of around $10 million—much thanks to the Donald’s presidential win (Trump himself even joked about buying it on the Tonight Show). New photos from the auction also give us additional views into the modest Tudor abode.
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At the end of last month, 6sqft revealed that an anonymous New York investor had bought Donald Trump‘s childhood home in Jamaica Estates, Queens with plans to flip it at auction this month and turn a hefty profit. The Post has now learned that the mystery buyer–and democrat-turned Marco Rubio supporter–is Manhattan real estate mogul Michael Davis. Without ever having driven past the Tudor-style home at 85-15 Wareham Place, Davis dropped $1,390,500 on the piece of Trump ephemera, which he still plans to bring to auction next week.
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A divorcing couple in Jamaica Estates, Queens just got something new to fight over: proceeds from the sale of their relatively modest six-bedroom Tudor home at 85-15 Wareham Place, which will head for the auction block in the first week in December. The house, which the estranged couple tried to sell for $1.65 million, chopped to $1.2 million, then pulled from the market, just happens to be where President Elect Donald Trump spent his terrible twos, and is expected to fetch at least 10 times that ask at auction, according to the New York Post.
A rising Trump floats at least one boat
Yes, you can live in a 6,500-square-foot, five bedroom mansion right in New York City. It’s here, at 184-15 Hovendon Road in Jamaica Estates, Queens. The neighborhood is known for its large plots and spacious freestanding homes, but this property takes it to the next level. Not only is it gated in, but the interior is awash in marble, coffered ceilings and Venetian plaster walls. It’s got a new asking price since it first hit the market last year, with a price chop down from $3.488 million to $3.388 million.
Check out this interior