Donald Trump’s children’s home in Queens sold for a loss of 1.2 million US dollars. The former auctioneer says it was his most famous sale.

• Trump’s childhood in Queens recently sold a loss of 1.2 million US dollars.

• The house was last sold for US dollars in 2017 for 2.1 million dollars, but fell in a decay.

• The auction house’s CEO, which has sold it in recent years, said it was its most employed sale.

President Donald Trump is known for the art of the deal. HoweverPresent His childhood house in Queens Sold last month with a loss of 1.2 million US dollars.

While Trump had nothing to do with the sale of the house in Jamaica, where he lived up to the age of 4, it sold after the sale of 2.1 million US dollars in 2017 for only $ 835,000.

The records in New York City show that the 2,500 square meter house, which is 22 miles away from Manhattan, was sold to a LLC named 1388 group based in New York. The house sold in an off-market deal, and the seller needed “only the money” according to the New York Post.

In contrast to the two previous sales in 2016 and 2017, this sale went under the radar – these sales were auctions with the attention of the national media. Misha Haghani, the CEO and founder of Paramount Realty, the auction company that edited the first two sales, said he had never seen anything like this.

“I don’t think there has ever been an auction on the planet for a property that was profiled more-I am pretty sure,” Haghani told Business Insider.

“He was the 45th president of the United States,” he added. “Before that there were only 44 US presidents. How many of their childhood houses still stood in your opinion?”

Initially, a personal auction was planned for the day of the final presidential debate in 2016, but there was so much attention that it had to be postponed.

Haghani believes that the excitement around the first sale increased the value of the house – he believed that it was worth around 950,000 US dollars at that time.

Haghani said the seller still received an offer and wanted to accept, so they sold the house for 1.39 million US dollars in December 2016.

In January 2017, the house was back to the auction – this time a sealed offer auction, in which hope wearers blindly give up a certain period. The second sale increased the value by another 50%, when the house sold for US dollars.

Haghani said he was “surprised” by the numbers.

However, the recent sales price was not surprising because the house had recently become decayed. In October the Real estate website cross reported That 20 to 30 wild cats commanded the now abandoned property.

Trump’s father, a real estate developer, built the house with five bedrooms and the neighborhood itself. According to Realor.com, the mean list of list for a house in the neighborhood is 1.5 million dollars today.

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