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The N. Woodland Street home that dates back to the 1920s was first listed at $39 million in 2013. Now prospective buyers can have the "Englewood White House" for just $9.99 million.
This is the fifth time the price has been dropped on the 24,000-square-foot home, the New York Post reports.
The house was on its way to a foreclosure auction over an unpaid $5 million mortgage in 2017, when owner Edward Turen (CEO of Control Equity Group) took out loans on the mansion for more than it was worth, the article says.
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