US President Donald Trump's childhood home in New York City has been sold for $1.93 million following an extensive renovation that transformed the once-neglected property into a modern residence.

Trump lived in the Tudor-style house in Queens until he was 4. His father, real estate developer Fred Trump, built the five-bedroom, three-bathroom home in 1940 in the affluent Jamaica Estates neighborhood. The Trump family has not owned the property for years.

The sale price appeared on real estate websites Friday after an undisclosed buyer entered into a contract for the property in July.

The seller, developer Tommy Lin, bought the house last year for $835,000 after it had remained vacant and fallen into disrepair.

Lin subsequently spent about $500,000 on an eight-month renovation, adding features including a chef's kitchen, herringbone wood flooring and spa-style bathrooms, according to the New York Post.

The property has changed hands several times in recent years. It sold for $2.14 million in 2017, a few months after Trump became president, according to Zillow.

The buyer at the time was an entity called Trump Birth Home LLC. The property was briefly listed on Airbnb and marketed with Trump-themed items, including life-size cardboard cutouts of the president, copies of his book The Art of the Deal and a framed People magazine cover featuring Trump.

The house was put back on the market in 2019 with an asking price of $2.9 million but remained unsold until Lin purchased it.

In the intervening years, the property deteriorated significantly. The Post reported that a burst pipe caused water damage and mold, while a colony of feral cats had taken shelter inside the home where Trump spent his earliest childhood years.

Trump, now 80, built his fortune through real estate, including the development of Trump Tower in Manhattan, where he lived for decades, before using his fame and wealth to enter politics.

As president, Trump is also overseeing major changes to his current residence, including the addition of a large ballroom at the White House and the installation of gold-plated fixtures in the Oval Office that reflect the style associated with his properties.