Tags: donald trump | childhood | home | new york city | auction | sold

Investor Flips Trump's Childhood Home for $750,00 Profit

Image: Investor Flips Trump's Childhood Home for $750,00 Profit

A view of President Donald Trump's childhood home. (Photo by Drew Angerer/Getty Images)

By    |   Friday, 24 Mar 2017 04:39 PM

A real estate investor, who bought President Donald Trump's childhood home shortly after the election, has sold it and walked away with a $750,000 profit, the New York Post reported.

Michael Davis bought the Tudor-style home in the New York City borough of Queens for $1.39 million in an auction conducted by Paramount Reality USA just weeks after the election, according to the newspaper.

He sold it this week for $2.14 million, the Post said.

"This property is so much more than just real estate; it's the childhood home of the 45th president of the United States, and it's a part of history," said Misha Haghani, principal of Paramount Realty

The average price for similar homes in the neighborhood is about $980,000, Haghani said.
The 2,500-square-foot home was built in 1940 and has five bedrooms, four full baths, a formal dining room, eat-in kitchen, and a finished basement, CNN reported.

And CNN noted that after that after Tonight Show host Jimmy Fallon showed Trump a photo of the house in 2016, the then-presidential candidate said: "That is where I was born. I had a really good childhood; oh that's sad to look at that, I want to buy it."

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A real estate investor, who bought President Donald Trump's childhood home shortly after the election, has sold it and walked away with a $750,000 profit, the New York Post reported.
donald trump, childhood, home, new york city, auction, sold
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2017-39-24
Friday, 24 Mar 2017 04:39 PM
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