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Home » Home & Crafts » New York Yankees’ pitcher Mariano Rivera lost a fortune when selling his mansion. We’ll tell you why

New York Yankees’ pitcher Mariano Rivera lost a fortune when selling his mansion. We’ll tell you why

Large green areas outside, and luxurious spaces inside, make this mansion a perfect bargain for sale in New York. What happen to the Riveras when selling it?

by Carlos Loria
11/12/2022 15:36
in Home & Crafts
new york famous house

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Baseball is the cradle of athletes who maintain juicy patrimonies worldwide, especially in countries where the sport is considered national and representative of American culture. In the United States, where this sport is considered almost an art, the players are taken as national treasures. Hence, famous baseball players have access to high-caliber real estate because they get great checks each month. That’s the case of pitcher Mariano Rivera, who’s selling his estate located in Westchester, New York.

The famous baseball player and Hall of Fame member, bought this mansion in 2006 for $5.7 million, but recently put it on the market for $3.99 million, and finally closed the sale at $3.78 million. Such a bad deal, isn’t it? The decision was based on the search for a reduction of his patrimony: since their three children are now adults and have left and Clara and Mariano are just by themselves. The new owner will be neighbor along with superstars like Blake Lively, Ryan Reynolds, Martha Stewart, Rob Thomas and Catherine Zeta-Jones.

A warm, welcoming New York mansion full of luxury

The estate has a surface of over 13,000 sq ft (1,208 m²), with ample ceilings and outstanding ornamentation in doors, frames, and moldings. In addition, new owners will enjoy 9 bedrooms and eight and a half bathrooms, ready to meet the needs of a large family, including guests. The house also includes spaces for enjoyment, such as a large private cinema, a spacious terrace, a swimming pool, a garage with a capacity for four cars, an enclosed court and a recreation room with a gym.

famous baseball player mariano

Undoubtedly a full guarantee of relaxation and healthy fun accompanied by places that impress as a sports-style bar where wood decor abounds and is undoubtedly listed as one of Mariano Rivera’s favorite places to share with friends and teammates.

The bedrooms are equally attractive and have all the comforts. As expected, the main suite stands out by including a living room with a large dressing room and a bathroom that undoubtedly impresses. Additionally, 6 of the bedrooms are en-suite, and a specially designed space in the basement can offer a secondary kitchen, gym, and cinema room.

Why did they lose money when selling it?

The sale materialized for nearly $3.8 million for the property located at 1 Brook View Lane in Rye, New York, which translates into a loss of at least one-third of what Mariano paid in 2006. When the New York Yankees legend took possession of the house, it was almost brand new, so that also pushed the price up.

wood ceilings basement rest

The overprice is also attributed to the fact that the couple, Mariano and his wife Clara, made this purchase in the middle of the real estate boom of the area (the 2000s) and that they were also the first family to live in this property. They enjoyed the basketball court, outdoor swimming pool, and the 51,000 sq ft of land on which the mansion is built, but that exquisiteness costed them a fortune.

It is relevant to point out that the buyer of the mansion was already enjoying the property thanks to the fact that he was renting it, and the monthly lease payment remained close to $19,000. Mariano and his wife were left living alone after their three children became adults and moved to a separate, smaller property.

green areas mansion swimming pool

A large mansion with enough luxuries to satisfy the new owner, whose identity is unknown because the sale was carried out privately. What is certain is that the new owner will be able to enjoy the extensive green areas that the apartment has and, without a doubt, all the interior comforts that this spectacular property in New York has to offer.

According to the market, the average price of a house in Westchester, New York, is over $776735 (2021 prices). Westchester County’s home values have gone up 7.3% over the past year.

Mariano Rivera: an all-time icon

Mariano Rivera is an American former baseball player who played 19 seasons in Major League Baseball (MLB) for the New York Yankees. Born in Panama and having moved to the US, began his MLB career in 1995. Rivera became one of the best closers in the history of baseball, being recognized for his ability to throw the famous “cutter pitching”.

During his career with the New York Yankees, Rivera won five World Series titles, being voted the Most Valuable Player of the World Series in 1999. He was also a 13-time All-Star selection and won Pitcher of the Year in 2005. In addition, Rivera is the leader in all major leagues in closer strikeouts and is the only closer in major league history to have a 100% save percentage.

In 2013, Rivera announced that he would retire at the end of the season. He was elected to the Baseball Hall of Fame in 2019 in his first year of eligibility, becoming the first player to be elected unanimously.

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