Joy Mangano's Iconic Long Island Mansion to Hit Auction Block
Deal News | Jun 26, 2025 | EIN
Inventor and entrepreneur Joy Mangano's sprawling 22,000-square-foot mansion located in Long Island's Gold Coast is set to be auctioned through Concierge Auctions in cooperation with The Agency this July. This marks the first collaboration between these firms on Long Island. The property, designed by noted architect Stanford White, was originally listed for $20 million but will see starting bids between $4 million and $7 million. Joy Mangano, known for her Miracle Mop invention, has expressed her enthusiasm for the auction, highlighting its ability to expedite the sale process and attract a global audience. The auction will feature a dynamic, transparent process, embracing both the estate's historic value and modern luxuries, making it a unique opportunity for buyers. The estate spans nine acres and includes numerous amenities such as an indoor pool, gym, and tennis courts. Revenue from the sale will also contribute to Concierge Auctions' charitable ventures, supporting housing for families in need.
Sectors
- Real Estate
- Luxury Goods and Services
Geography
- United States – The auction and the property are located in the United States, specifically New York, indicating the geographical relevance to US readers and buyers.
- New York – The property is situated in Nissequogue, Long Island, part of New York’s Gold Coast, which is known for its historic and luxurious estates, making this location central to the article.
Industry
- Real Estate – The article focuses on the sale of a luxury mansion via auction, a commercial real estate transaction led by reputable real estate firms.
- Luxury Goods and Services – The property is a luxury real estate asset, reflecting rare and high-value characteristics with historical significance.
Financials
- $4 million to $7 million – Expected starting bids for the auction.
- $20 million – Original listing price of the estate.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Joy Mangano | Owner | People | Inventor and entrepreneur known for products like the Miracle Mop, and owner of the Long Island estate being auctioned. |
| Concierge Auctions | Auction House | Companies | Largest luxury real estate auction marketplace partnering to sell the Long Island mansion at auction. |
| The Agency | Cooperating Real Estate Agency | Companies | A global real estate brokerage assisting with the auction sale. |
| Stanford White | Architect | People | Renowned architect behind the design of the estate. |
| Mauricio Umansky | Co-founder and CEO of The Agency | People | Part of The Agency, overseeing the collaboration on this auction. |
| Giveback Homes | Charity Partner | Charity | Partnering charity in Concierge Auctions’ Key for Key program, funding homes for families in need. |