Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

Real LI

Buying and selling real estate in the communities of Long Island

Bernard Madoff Montauk house sells for $9.41 million

Bernard Madoff's former house in Montauk

Photo credit: Newsday Photo / Karen Wiles Stabile

The Montauk beach house once owned by financier felon Bernard Madoff has closed, says a spokeswoman for The Corcoran Group, which listed the property.

The price was $9.41 million. The asking price was $8.75 million.

The U.S. Marshal Service has not yet released the name of the buyer.

 

 

Newsday Photo / Karen Wiles Stabile

Tags: Bernard Madoff , The Corcoran Group , Rich Cribs