New York City It boasts ocean views, an infamous former owner — and now a buyer willing to pay more than $8.75 million.
An unidentified would-be buyer or buyers snapped up Bernard Madoff’s Long Island beach house within days after the U.S. Marshals Service put the seized property up for sale, a spokeswoman for the broker the Corcoran Group said Thursday.
Spokeswoman Anne Lacombe said the fallen money manager’s Montauk retreat was under contract for more than its $8.75 million asking price. She didn’t have the exact figure, any information on the intended buyer or the closing date.
U.S. Marshal Joseph R. Guccione said in a statement the potential buyer’s identity and price were being kept private to protect a deal that has yet to close.
The Marshals Service put the 3,000-square-foot house on the market Sept. 1 to help repay victims of Madoff’s massive investment fraud.
The listing attracted an onslaught of responses and numerous bids, Lacombe said. She said the highest bid was taken.