Gold Coast Property Buys Oheka Castle in New York

Reported Oct 27, 2026 · Source: Newsday

Source: NewsdayRead the full report at Newsday ↗

Deal details

Buyer
Gold Coast Property & Estate Management LLC (Ronald Browning, Paul Alflen)
Seller
Gary Melius
Price
$72M
Size
Not disclosed
Asset class
Hospitality
Transaction
Sale
Sub-market
Long Island
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 27, 2026

Summary

Oheka Castle in Huntington Town sold for $72 million at a private auction, with the winning bidders identified as a pair of developers. The new owners of Huntington's iconic Oheka Castle are a pair of developers who "love the castle" and are ready to usher the Gold Coast mansion to "its next chapter," their lawyer said Tuesday. Source: Newsday.

Summarized from the article; the quoted lines below are from the article itself.

Source: Newsday

Read the full report at Newsday. What the article says:

  • Deal / Price
    Oheka Castle in Huntington Town sold for $72 million at a private auction, with the winning bidders identified as a pair of developers.
  • Deal
    The new owners of Huntington's iconic Oheka Castle are a pair of developers who "love the castle" and are ready to usher the Gold Coast mansion to "its next chapter," their lawyer said Tuesday.
  • Buyer
    The winning bid of $72 million came from Gold Coast Property & Estate Management LLC, a newly formed business run by principals Ronald Browning and Paul Alflen, said attorney Brian Gardner, counsel for the group.
  • Seller
    Power broker and developer Gary Melius, an Oheka owner who lives at the castle, said at the time the castle had been in foreclosure for a decade.

Article date: 2026-10-27T15:58:23.174Z

Frequently asked questions

Who bought the Oheka Castle property?
Gold Coast Property & Estate Management LLC bought the Oheka Castle property in Long Island, New York, according to Newsday.
How much did the Oheka Castle property sell for?
The reported price is $72M, per Newsday.
Who sold the Oheka Castle property?
The seller was Gary Melius, per Newsday.

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