NEW YORK — U.S. President Donald Trump’s childhood home is up for sale for the fourth time in four years, with a bloated $3 million target price that the auctioneer hopes his admirers will pay.
Other Tudor-style houses on the street in Jamaica Estates, an affluent New York suburb which resembles an English park, are listed for only about $1.3 million.
“It’s more likely that three million people will pay $1, or a million people will pay $3, or 300,000 people will pay $10 than one person will pay $3 million,” Misha Haghani, principal at Paramount Realty USA.
Trump’s late father Fred built the five-bedroom home with a fireplace and narrow driveway in 1940. In 1950, when Trump…
Keep on reading: Don’t flip, says auctioneer seeking $3 million for Trump’s childhood home