Gracie Mansion: How much is Zohran Mamdani and wife Rama’s new home worth as they get set to move in?

New York City Mayor-elect Zohran Mamdani shared the news on Instagram that he and his wife Rama are set to move to Grace Mansion. He said: “Went to the NY Botanical Garden’s train show last week, and saw our new home!

“My wife Rama and I have made the decision to move into Gracie Mansion in January.

“We will miss much about our home in Astoria. Cooking dinner side by side in our kitchen, sharing a sleepy elevator ride with our neighbors in the evening, hearing music and laughter vibrate through the walls of the apartment.

“To Astoria: thank you for showing us the best of New York City. We have called this neighborhood home as our city weathered a devastating pandemic, cruel attacks on immigrants, and years of an affordability crisis. Time and again, this community has shown up for one another. We will miss it all — the endless Adeni chai, the spirited conversations in Spanish, Arabic and every language in between, the aromas of seafood and shawarma drifting down the block.

“This decision came down to our family’s safety and the importance of dedicating all of my focus on enacting the affordability agenda New Yorkers voted for.

“My priority, always, is serving the people who call this city home. I will be a mayor for the line cooks on Steinway, for the children swinging at Dutch Kills Playground, for the bus riders waiting for the Q101. While I may no longer live in Astoria, Astoria will always live inside me and the work I do.”

In response, one person wrote: “So excited to have you as our neighbor zohran!! ❤️,” whilst another said: “We Love You Mayor!!!! January can’t come soon enough!” There were also some less than positive comments and one person wrote:” And by living in Gracie Mansion you’re also helping your former neighbors live a more normal life. That’s going to be the most lit Gracie Mansion has ever been!”

According to the about section of Gracie Mansion, “In 1799, a prosperous New York merchant named Archibald Gracie built a country house overlooking a sleepy, scenic bend in the East River, five miles north of what was then New York City. More than two centuries later, Gracie Mansion is an historic treasure in the heart of one of the world’s largest and most vibrant cities.

“It is one of the oldest surviving wood structures in Manhattan, a member of New York’s Historic House Trust, and listed on the National Register of Historic Places.”

According to The Mirror US, “Realtors have estimated the value of the property to be in the neighborhood of $100 million for the 11,000 square-foot federal-style mansion with five bedrooms and five bathrooms.”