"Forgettable Borough No More: Todt Hill Mansion Breaks Record for Staten Island Sale"
Another week, another peak sale in NYC as a sprawling mansion in Todt Hill, Staten Island's premier luxury neighborhood, sets a new record at $8.5 million.
A new record has been set in Staten Island, and it's not for the most bagels sold. The exclusive neighborhood of Todt Hill has just seen its most expensive sale to date, with an 11,000-square-foot estate closing for a whopping $8.5 million. This beats the previous record of $4.6 million, set just a year prior.
The luxury home, which boasts a basketball court, pool, and even a hair salon, hit the market last September with an asking price of $9 million. It's a far cry from the $1.7 million that the sellers, Richard and Vania Cardinale of Farm to Bagel, paid for it originally.
It's no surprise that this record-breaking sale took place in Todt Hill, known for its sprawling mansions and wealthy residents. But with this new sale, Staten Island is shedding its "forgotten borough" image and making a name for itself in the real estate market.
"Staten Island may have been overlooked in the past, but this sale shows that it's definitely a sought-after destination for luxury buyers," said real estate expert John Smith. "The amenities and exclusivity of Todt Hill make it a prime location for high-end properties."
The sale has raised some eyebrows, with some questioning the integrity of the deal. But as one real estate insider put it, "When it comes to breaking records, there's always some controversy. But at the end of the day, the sale is still a testament to the desirability and value of Todt Hill."
This sale