The Real Deal New York

Wall Street fat cat sells Southampton waterfront home

December 07, 2016 05:18PM

Robert Olstein and the house at 18 Duck Point Road (Credit: YouTube, Douglas Elliman)

Robert Olstein and the house at 18 Duck Point Road (Credit: YouTube, Douglas Elliman)

Nothing Says Wall Street blowout like a private boating dock and a seven-sided living room, but investment firm honcho Robert Olstein is parting ways with this 6,000-square-foot Remsenburg home. The chair of Olstein Capital Management last listed the property for $5.5 million, the New York Post reported, though its actual sales price remains undisclosed. Built in 2006, the Nick Vero-designed home sits on 1.2 acres and contains six bedrooms, 6.5 bathrooms, and a heptagon-shaped living room on the first floor. The shingled home at 18 Duck Point Road also features a formal dining room, marble chef’s kitchen and a master bedroom with its own porch. Douglas Elliman’s Enzo Morabito had the listing. [NYP]