Historic New Rochelle estate with waterfront views sells for $16M

An unidentified buyer shelled out $16 million for a historic home once owned by a United Nations ambassador — the highest price a property has ever gone for in the Mamaroneck School District, according to Julia B. Fee Sotheby’s International. The 23,000-square-foot estate at 116 Premium Point in New Rochelle was built for banker Charles Oliver Iselin in 1890 and designed by Stanford White of prominent architectural firm McKim, Mead & White, according to the brokerage. In the 1980s, late Nigerian businessman and former diplomat Antonio Deinde Fernandez bought and expanded the property, known as “All View” for its views of Long Island Sound. The most recent owners of the estate, which now has 13 bedrooms and 13 bathrooms, purchased it in 2012 and renovated the home, “honoring its Beaux Arts heritage while bringing it up to date for the modern era,” said Julia B. Fee Sotheby’s International. Mimi Magarelli, a broker who works in the latter’s Larchmont brokerage, represented the buyer. The listing broker was Louise Phillips Forbes from Halstead Real Estate. [JBF]