Art collector Marvin Schein has put his 1928 waterfront brick chateau in Glen Cove on the market for $17.5 million. The mansion is located on almost nine acres of beachfront property, with views of the Long Island Sound and a private lake. There are two cottages and a greenhouse on the property.
Taxes are $102,872 a year.
Schein is a member of Henry Schein Inc.'s board of directors. After taking over day-to-day responsibilities of the medical products distributor in 1971 from his father, Henry Schein, Marvin Schein modernized the warehouse operations. He founded the Schein Dental Equipment Company, a subsidiary.
Schein has an extensive art collection. In 2006, Schein sold Amedeo Modigliani's "Jeanne Hebuterne (au Chapeau)" at a Sotheby's auction for $30.1 million. The price was the second highest Modigliani painting ever auctioned. He bought the painting in 1997 for $8.7 million.
Bonnie Devendorf of the Locust Valley office of Daniel Gale Sotheby's International Realty has the listing.