The first property ever connected to President-elect Donald Trump has become a hot spot for real estate deal-making. Trump’s earliest childhood home is up for auction for the second time in three months, with written bids due this afternoon. Paramount Realty USA offered the 1940 Tudor-style house in a leafy part of Queens to bidders last fall, but that auction was cancelled amid a burst of last-minute interest.
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City records show an investor ultimately bought the home for nearly USD 1.4 million last month. Paramount principal Misha Haghani says “there’s no doubt it’s more valuable” than it was when first offered, before the Republican’s election win.
Trump’s father built the home. The president-elect lived there until he was about 4. His representatives haven’t immediately responded to inquiries today about the sale.