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Steinway Mansion's New Owners To Save House, Develop Land

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Despite its epic provenance, in-house pub, and hot tub flanked by lion statues, the piano-making family's sprawling summertime mansion, which dates back to before the Civil War and has a long, fascinating history, had languished on the market since 2009—until Friday, when two local investors teamed up to buy the villa-y home plus one acre of the lot for $2.6 million. Originally asking $5M, five years wore away the resolve of the late owner's daughter and executrix Michele Kazarian, who called in the PriceChopper multiple times, ending with a $2.9 million list price and the option to carve up the estate's acreage into smaller chunks. The Daily News reports that the buyers, much to the relief of preservationists who even attempted to raise funds to buy the place, are planning to keep the landmarked Steinway Mansion as-is—"They are not looking to open it as a nightclub or a catering hall," per the local councilman—though they are considering developing some of the grounds. The $2.6 million close, by the way, doesn't make it Queens' most expensive sale of the year, an accolade that went to a $3.4M waterfront abode in Whitestone.

· Exclusive: Mystery duo purchases historic Steinway Mansion for $2.6 million [NYDN]
· BREAKING: The Steinway Mansion Has Officially Sold [StonerQ]
· Steinway Mansion sold for $2.6 million [Times Ledger]
· Parsing The Steinway Mansion's Rich Past & Uncertain Future [Curbed]
· Steinway Mansion coverage [Curbed]

Steinway Mansion

18-33 41st St, Astoria, NY 11105