Manhattan real estate investor bought Donald Trump’s childhood home sight unseen for $1.4M

Posted On Mon, January 9, 2017 By

Posted On Mon, January 9, 2017 By In Celebrities, Jamaica, Recent Sales

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.

85-15 wareham place, donald trump, fred trump, trump childhood home, historic homes, jamaica estates, auctions, Queens

85-15 wareham place, donald trump, fred trump, trump childhood home, historic homes, jamaica estates, auctions, Queens

85-15 wareham place, donald trump, fred trump, trump childhood home, historic homes, jamaica estates, auctions, Queens

As 6sqft previously explained, the home “is listed as [Trump’s] address on his 1946 birth certificate (he was born at nearby Jamaica Hospital)” and he “lived in the house until his father Fred built a larger house nearby on Midland Parkway” sometime around 1950. It takes up 2,000 square feet, has six bedrooms, a screened-in patio, finished basement with a bedroom suite, and a five-car driveway leading to a two-car detached garage. There’s also nice details like a fireplace in the living room and mahogany floors.

Restaurateurs Isaac and Claudia Kestenberg bought the home in 2008 for $782,500. After beginning divorce proceedings, they listed it first in July for $1.65 million. They then chopped the price to $1.2 million, but took it off the market shortly thereafter to begin auction discussions. However, in mid-October they pulled it completely in the hopes of garnering more interest.

The Post saw the sale in public records, which list LLC Wareham Place Holdings as the buyer; according to a recently filed deed Davis is its only member. Auctioneers Paramount Realty USA confirm that the auction will take place as planned on January 17th. They won’t speculate on a price, but previous estimates say it could fetch up to 10 times its most recent asking price– or more than $10 million.

[Via NYP]

RELATED:

Tags : ,

Neighborhoods : Jamaica Estates

MOST RECENT ARTICLES

  • Oldest home in Brooklyn Heights is on the market for $6.65M

    Oldest home in Brooklyn Heights is on the market for $6.65M

    Built in 1824, 24 Middagh Street is a charming, wood-frame, Federal house in Brooklyn Heights that has the distinction of being ...
  • Rare footage from Coney Island’s giant cycling Velodrome of yesteryear

    Rare footage from Coney Island’s giant cycling Velodrome of yesteryear

    Cycling culture in New York City has been a growing trend for over 20 years. However, its popularity and the bike lanes ...
  • Developer will turn Connecticut lighthouse into a giant playroom for his grandkids

    Developer will turn Connecticut lighthouse into a giant playroom for his grandkids

    In 2004, New York-based developer and builder Frank Sciame paid $6 million for the 3.4-acre waterfront Connecticut estate of the ...
  • The top 20 most congested cities when it comes to traffic

    The top 20 most congested cities when it comes to traffic

    Rush hour traffic is as predictable as the sun setting at night for New Yorkers, but drivers might be shocked ...
  • Get ‘healthy’ frosting shots at Gwyneth Paltrow’s midtown cafe; L train replacement to be announced this fall

    Get ‘healthy’ frosting shots at Gwyneth Paltrow’s midtown cafe; L train replacement to be announced this fall

    The Driverless Future Challenge seeks proposals that actively shape the city’s response to driverless cars. [Blank Space] Gwyneth Paltrow is ...
  • Impeccably restored apartment in an 1839 Greek Revival townhouse asks $12,495/month in the Village

    Impeccably restored apartment in an 1839 Greek Revival townhouse asks $12,495/month in the Village

    The listing brags that this Greenwich Village co-op looks like something out of a movie, and we’d have to agree. ...
  • Buy Karim Rashid’s sleek Hell’s Kitchen condo for $4.75M, candy-colored furniture and art included

    Buy Karim Rashid’s sleek Hell’s Kitchen condo for $4.75M, candy-colored furniture and art included

    Industrial designer/architect (and lover of all things pink and white) Karim Rashid once told 6sqft, “Color is life and for me, ...
  • 125-year-old Cathedral Church of St. John the Divine finally declared a city landmark

    125-year-old Cathedral Church of St. John the Divine finally declared a city landmark

    On Tuesday the Landmarks Preservation Commission voted unanimously to designate the 125-year-old Cathedral Church of St. John The Divine, the ...
  • Inside New York’s little-known graphic design museum, The Herb Lubalin Center

    Inside New York’s little-known graphic design museum, The Herb Lubalin Center

    Icy, metallic, and unabashedly serious is how one might describe The Cooper Union for the Advancement of Science and Art ...
  • Jeanne Gang’s ‘Solar Carve Tower’ begins its rise on the High Line

    Jeanne Gang’s ‘Solar Carve Tower’ begins its rise on the High Line

    For an architect who had yet to break into the NYC scene, Jeanne Gang is now moving full steam ahead. ...
  • $2.5M artist’s townhouse in Clinton Hill has a painter’s studio, full bar, and color everywhere

    $2.5M artist’s townhouse in Clinton Hill has a painter’s studio, full bar, and color everywhere

    This three-story, two-family Clinton Hill townhouse at 578 Myrtle Avenue, zoned to allow a commercial establishment on the ground floor, has ...
  • Historic Clinton Hill carriage house gets light from a ‘sky volume’ and a courtyard carved into its core

    Historic Clinton Hill carriage house gets light from a ‘sky volume’ and a courtyard carved into its core

    A thoroughly transformative re-design by New York studio O’Neill McVoy Architects turns a historic red brick townhouse on a slender 24- by 76-foot ...

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.