Rockefeller property sells for 50 percent more than asking price

The 75-acre Westchester estate sold for $33 million

Mar.March 10, 2018 02:51 PM

From front: David Rockefeller on a visit to Bahrain and the UAE in 1979; Hudson River from Bear Mountain Bridge. (Credit: Hashmoder)

The selling of the late David Rockefeller’s properties continues with his storied property in Westchester County, recently sold for $11 million over its asking price for total of $33 million.

Owned by Rockefeller, the former chairman and CEO of Chase Manhattan Corporation, the 11,343-square-foot home and its accompanying grounds went on the market last fall for a price of $22 million, months after Rockefeller’s death last March at the age of 101, according to the Wall Street Journal.

The home’s history, which dates back to 1938, and the Rockefeller name attracted the interest of multiple parties, according to Houlihan Lawrence Private Brokerage’s David Turner, who handled the listing for the estate. The buyer was not disclosed.

The property, which Rockefeller lived at until his death, includes the main 11-bedroom mansion along with a three-bedroom guest house, a stable and carriage house, an outdoor pool, helipad and greenhouses. In total there are 12 structures on the property.

Last month, Rockefeller’s estate sold his Upper East Side mansion after nine months on market at a reduced price of $27 million. [WSJ]Erin Hudson

Related Articles

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change

The Daily Digest - Tuesday

NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: Daily digest

LeBron wanted it and California’s governor signed it. What the college athlete compensation law means to real estate

Racial inequality in homeownership across US is sharpest in New York: report