2 More Madoff Homes to Hit the Market

(CBS)  As Bernard Madoff whiles away the hours of his 150 year prison sentence in North Carolina, two more of his seized properties may hit the real estate market as early as this week to help pay off victims of his historic $65 billon investment fraud.

CBS News correspondent Armen Keteyian reports that a three bedroom, four-and-a-half-bath penthouse in Manhattan's Upper East Side and an estate in Palm Beach, Fla. were seized by the government back in July along with a New York beach house in the Hamptons and two yachts.

The Manhattan penthouse is being offered for sale by Sotheby's International Realty and the Palm Beach property will be offered for sale by the Corcoran Group, according to the Marshals Service, which selected the real estate firms.

Madoff's vacation home in Montauk, N.Y., was placed on the market earlier this month with the Corcoran Group.

The New York Times reported Tuesday that the home in the Hamptons drew intense interest from prospective buyers over Labor Day weekend - an encouraging sign for the sale of his Manhattan spread and the home in Palm Beach.

The Montauk, New York beach house was listed at $8.75 million on Sept. 1, and has drawn interest from potential buyers from as far afield as Germany, according to The Times.

The U.S. Marshals Service, which is overseeing the sale of all Madoff's property, told the newspaper the Florida house and the Manhattan penthouse could be listed by selected agents before the end of the week.

U.S. Marshals gave guided video tours of both of the homes soon to be put on the market. Standing in the lavishly adorned New York penthouse, a Marshal describes the abode as "4,000-square-foot with seven rooms, three of them being bedrooms."

Click on the player below for a guided tour of the Manhattan penthouse:

Keteyian reports that, beyond the panoramic views of New York City, the Manhattan apartment offers a rare glimpse into the man behind the scam.

Madoff had a seemingly insatiable appetite for antiques, art, and all things luxurious; including a $40,000 Steinway piano, a $35,000 Persian rug, and a set of $20,000 tea tables.

The Marshal charged with giving the tour of Madoff's Palm Beach property said it was an 8,700 square foot house with five bedrooms, seven bathrooms and some "nice" views.

Keteyian told Early Show co-anchor Harry Smith that the Federal authorities hope to net $20 million for Madoff's victims from the sale of his homes alone.

Click on the player below for a guided tour of the Palm Beach house:

[inketolstoy]

I am not overly impressed. Give me the kind of money that guy swindled and I will show you something extraordinary. 20,000$ tea sets. Snore! Only if they are being used by the monkey and the Gila monster in tuxedos having a tea party on the bum fishing platform.

[kerry4ever]

I think the US Marshal was ok but I would like to have seen a profesional real estate agent describe that property. Given how imaginative they are with rubbish it would be good to hear them describe some real quality.

[stn_sage]

They need to strip most of those expensive furnishings and antiques, send them over to an auction house, and put them up for sale!

Twenty million is nice, but there's THOUSANDS of people that have to be paid off, so keep selling the merchandise until it's ALL GONE!

[bubbadubba]

When he retires as a US Marshal I suggest that guy go into Real Estate, he is great.

[bubbadubba]

Attorneys will get most of the money, they always do.

[gramto8]

Durn, that one bedroom appears to be as big as at least half of my house!