{"id":152637,"date":"2026-03-04T17:52:10","date_gmt":"2026-03-04T17:52:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/152637\/"},"modified":"2026-03-04T17:52:10","modified_gmt":"2026-03-04T17:52:10","slug":"trump-family-home-sells-for-12-5-million-below-original-asking-price","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/152637\/","title":{"rendered":"Trump family home sells for $12.5 million below original asking price"},"content":{"rendered":"\n<p>Partnership for New York City president and CEO Steve Fulop discusses the city\u2019s budget shortfall and Mayor Zohran Mamdani\u2019s proposed property tax hike on \u2018The Claman Countdown.\u2019<\/p>\n<p>The longtime Manhattan residence of <a href=\"https:\/\/www.foxnews.com\/politics\/donald-trumps-ex-wife-ivana-trump-dead-former-president-announces\" target=\"_blank\" rel=\"noopener nofollow\">the late Ivana Trump<\/a> has finally traded hands, but at a price that reflects a sobering reality for New York City\u2019s luxury real estate market.<\/p>\n<p>Property records show the opulent Upper East Side townhouse sold on Feb. 27 for $14 million, the Wall Street Journal reported. It\u2019s a $12.5 million price cut from the original $26.5 million asking price set shortly after the businesswoman&#8217;s death in 2022.<\/p>\n<p>The $14 million sale comes after three price cuts over the past three years.<\/p>\n<p>Even with the massive discount, the estate saw a $2.5 million return from what Ivana originally paid in 1992. Proceeds from the sale are set to be split among her three children, Donald Trump Jr., Eric Trump and Ivanka Trump.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/real-estate-experts-blast-mamdanis-math-defying-tax-warn-higher-rents-flight\" target=\"_blank\" rel=\"noopener nofollow\">REAL ESTATE EXPERTS BLAST MAMDANI&#8217;S MATH-DEFYING PLAN, WARN OF HIGHER RENTS AND FLIGHT<\/a><\/p>\n<p>A piece of the Trump family legacy, Ivana bought the home shortly after her divorce from President Donald Trump, and the nearly 9,000-square-foot limestone mansion served as the home base for their children during their teenage years.<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/03\/ivana-trump-nyc-townhome-sale.jpg\" alt=\"Ivana Trump's New York City townhouse\"\/> <\/p>\n<p>Ivana Trump&#8217;s New York City townhouse sold for $14 million in February. (Getty Images)<\/p>\n<p>&#8220;My mom absolutely loved that house,&#8221; Eric Trump told the Journal in 2022. He also said the opulence &#8220;embodied Ivana Trump.&#8221;<\/p>\n<p>The home was a real estate personification of Ivana&#8217;s bold, unapologetic style. She oversaw extensive renovations shortly after buying the property to transform the former dental office into a six-story <a href=\"https:\/\/www.foxbusiness.com\/category\/luxury\" target=\"_blank\" rel=\"noopener nofollow\">monument to luxury.<\/a><\/p>\n<p>Located on the Upper East Side between Fifth and Madison avenues, the Versailles-inspired home features gold accents and shades of red. It has five bedrooms, six bathrooms, two small galley-style kitchens and multiple entertaining areas.<\/p>\n<p>Ivana Trump, ex-wife of Donald Trump, celebrates with her sons Donald Jr. and Eric at a party to introduce her brand of wine to her society friends on Oct. 18, 2011, at her East Side townhouse.  <\/p>\n<p>Some of the more grand interior design features include Chinese murals, silk-covered walls, a leopard-print library and crystal chandeliers in almost every room.<\/p>\n<p>Ivana Trump lived in the home for three decades until her death in July 2022. She was found unconscious at the bottom of a staircase in the home after what authorities ruled was an accidental fall that caused blunt impact injuries, Fox News previously reported.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener nofollow\">GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/a><\/p>\n<p>While transaction volume for New York City townhouses rose in 2025, the actual average sale prices fell, according to Leslie Garfield &amp; Co.\u2019s\u00a0<a href=\"https:\/\/lesliegarfield.com\/reports\/manhattan-2025-third-quarter-townhouse-report\" target=\"_blank\" rel=\"nofollow noopener\">2025 townhouse report.<\/a> By the third quarter of 2025, the average sale price for Manhattan townhouses dropped 14% to $6.9 million.<\/p>\n<p>Fox News host Lara Trump discusses the Trumps&#8217; political future, the possibility of family members running for office and the resilience of President Donald Trump on \u2018Kudlow.\u2019<\/p>\n<p>Adam Modlin of the Modlin Group represented the buyer and seller in the transaction. He did not immediately respond to Fox News Digital\u2019s request for comment.<\/p>\n<p><a href=\"https:\/\/foxbusiness.com\" target=\"_blank\" rel=\"noopener nofollow\">READ MORE FROM FOX BUSINESS<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Partnership for New York City president and CEO Steve Fulop discusses the city\u2019s budget shortfall and Mayor Zohran&hellip;\n","protected":false},"author":2,"featured_media":152638,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75,84,83,9,24,63],"class_list":["post-152637","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/152637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=152637"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/152637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/152638"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=152637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=152637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=152637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}