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.
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