Donald Trump’s first home in Queens is for sale — again.
The Tudor-style house at 85-15 Wareham Place — where the former president spent his earliest years — hit the market for $2.3 million after an extensive renovation, the Wall Street Journal reported. Its owner, developer Tommy Lin, bought the property earlier this year for $835,000 after it sat abandoned and in disrepair for years.
The five-bedroom home in Jamaica Estates was built in 1940 by Trump’s father, Fred, and briefly housed the future developer before the family moved to a larger residence nearby.
Lin spent eight months gut-renovating the roughly 2,500-square-foot house, stripping it to its studs and investing about $500,000 to modernize the interior while keeping its brick-and-stucco façade intact.
The asking price breaks down to $920 per square foot. Brown Harris Stevens’ Jevon Gratineau has the listing.
This marks another chapter in the property’s colorful resale history.
In 2008, before politics were firmly in Trump’s sights, the home traded hands for $782,000.
In 2016, investor Michael Davis purchased the home for $1.39 million just hours before Trump’s election night victory, betting that a win would boost its value. He was right: within months, Davis flipped it to a buyer in China for $2.14 million.
Davis went on to lease the property, at which time he rented out the house on Airbnb for around $800 a night, filling it with Trump memorabilia and even a sign claiming the bedroom might have been where Trump was conceived. He ultimately stopped listing the house in 2017 after the Oxfam charity booked the place and brought refugees to the home to highlight the refugee crisis.
In Jamaica Estates, the median home price in September hovered around $1.5 million, according to Realtor.com. A nearby home recently sold for $4 million and several in the neighborhood are listed for more than $3 million.
Whether the Trump name still adds value remains to be seen.
— Holden Walter-Warner
Read more
Donald Trump’s childhood home is back on the market — at a big premium
President Trump’s former home finds tenant in one day
Dolly Lenz believes Trump’s childhood home may have got a lot more valuable after the election result
