In 2014, investor Barry Rosenstein spent a record $147 million on an East Hampton mansion — the Hamptons’ most expensive property ever.
But now another East Hampton home that Rosenstein owns, at 27 Drew Lane, has sold for $35.75 million, according to property records.
That may sound like a chunk of change, but it’s actually just half of the home’s original $70 million asking price when it first listed in 2018.
Barry Rosenstein, seen here in 2015, just sold his East Hamptons home at a massive discount.
(Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images, File)
Per an old Realtor.com listing, the modern home is a sprawling 13,626 square feet and sits on 1½ acres in East Hampton Village.