The Real Deal New York

Investor Andrew Borrok relists Hamptons home for $58.5M

May 30, 2013 11:30AM

Real estate investor Andrew Borrok is putting his 20,000-square-foot Water Mill mansion on the market for $58.5 million, the New York Post reported.

The eight-bedroom home, located at 315 Rose Hill Road, was listed for the same price in 2010. It sits on 4 acres and includes a palatial $3 million kitchen with walk-in refrigeration, a bakery with artisan deck ovens and heated counters.

Paul Brennan, brothers Tal and Oren Alexander and Michaela Keszler of Douglas Elliman have the listing. Borrok bought the estate in 2003 for $3.6 million, the Post said.

In March, Borrok closed on a penthouse unit at One Brooklyn Bridge Park with a $4.25 million asking price. He sold 14 Penn Plaza for a $250 million profit in 2007. [NYP, 3rd item]Mark Maurer