- Lohud Real Estate - http://realestate.lohudblogs.com -

Bedford Corners deal makes history in Westchester

Posted By Andrew Klappholz On January 8, 2013 @ 11:13 am In Residential,Uncategorized,Westchester County | Comments Disabled

In what’s being called the highest single residential sale in the history of Westchester, Houlihan Lawrence has announced that it sold a massive estate [1] in Bedford Corners for more than $21 million.

Devonshire was purchased by a foreign buyer, which was not disclosed by the company. While it was last listed for $26.5 million, Devonshire likely went for less, though Houlihan Lawrence says it sold for more than $21 million.

Closed at the end of 2012, the deal marks the biggest transaction ever for Houlihan Lawrence, and the firm represented both the seller and the buyer – making it a double pay day for company.

The past year was full of high-profile real estate sales, but the Devonshire deal appears to more than doubled the second-highest transaction of a similar property:  14 Middle Patent Road in North Castle, which sold in May for $9.3 million.

The property spans over 101.6 acres and includes 21,000 square feet. The estate was built in 1901 for financier J. Borden Harriman and later residents included Vanderbilt-family descendents as well as members of a prominent European family, according to Trulia.


Article printed from Lohud Real Estate: http://realestate.lohudblogs.com

URL to article: http://realestate.lohudblogs.com/2013/01/08/bedford-corners-deal-makes-history-in-westchester/

URLs in this post:

[1] sold a massive estate: http://www.houlihanlawrenceblog.com/index.php/houlihan-lawrence-sets-record-with-the-sale-of-bedford-estate/

Copyright © 2012 LoHud Real Estate. All rights reserved.