406 Old Montauk Highway

October 30, 2015

Buyer of Andy Warhol’s Montauk Estate Lists Nearby Home for $29.5M

Though it may seem unlikely, there are some similarities between art and real estate, one of the biggest being that with big fish come big numbers. That's definitely the case for billionaire art collector and gallery owner Adam Lindemann–buyer of Andy Warhol’s former Montauk estate, Eothen, which was listed for $85 million. The contemporary art world high-roller recently listed his nearby property at 406 Old Montauk Highway for $29.5 million. The home was built in 2004; After he acquired it, Lindemann–who is married to gallerist Amalia Dayan, granddaughter of the late Israeli politician Moshe Dayan–hired British architect David Adjaye to take on a complete redesign. The 5,000- square-foot, six-bedroom home is now a unique residence in the far-east end of Long Island affectionately referred to as “the end of the world,” though the former fishing enclave has in recent years become a more-chill-than-the-Hamptons hip celebrity party spot.
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