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Greenwich, CT

Susie Hilfiger Sells Greenwich Estate For $15M With Janet Milligan - Sotheby's International Realty
SOLDSingle Family

Susie Hilfiger Sells Greenwich Estate For $15M With Janet Milligan - Sotheby's International Realty

Greenwich, CT

$15,000,000

$1,071/SF

Building Size

14,000 SF

Asset Type

Single Family

Closing

Jun 22, 2023

AI

Susie Hilfiger, the first wife of fashion designer Tommy Hilfiger, has sold her Greenwich, Connecticut estate for $15 million. The property, located on 20 acres of land, is a single-family home with a total area of 14,000 square feet. The sale price equates to approximately $1,071 per square foot. The estate was initially listed for $40 million, meaning it sold for less than half of the initial asking price.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $15,000,000
  • Market: Greenwich, CT
  • Acres: 20
  • Seller: Susie Hilfiger
  • Broker: Janet Milligan - Sotheby’s International Realty

The seller, Susie Hilfiger, enlisted the services of Janet Milligan from Sotheby’s International Realty as her broker in the sale of the property. Despite the significant difference between the initial asking price and the final sale price, the estate represents an exquisite opportunity for the new owner to enjoy a luxurious lifestyle in the picturesque town of Greenwich.

Players

Janet Milligan

Sotheby's International Realty

Broker

$60M

vol

2 deals

Broker

Greenwich Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93