David-Emmanuel Cohen Of Madar Group Sells Fisher Island Single Family Home For $36.5M
1005 Fisher Island Drive
$36,500,000
$3,325/SF
Building Size
10,977 SF
Asset Type
Single Family Residence
Closing
Apr 5, 2026
AI
The property asset involved in the transaction is a single-family home located at 1005 Fisher Island Drive, in the Fisher Island market. The sale price is $36,500,000, with a total area of 10,977 square feet, resulting in a price per square foot of $3,325. This home is part of a bespoke collection of residences known as The Mansions on Fisher Island, developed by the Madar Group and built by ASR Construction.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $36,500,000
- Address: 1005 Fisher Island Drive
- Market: Fisher Island
- Square Footage: 10,977
- Price per Square Foot: $3,325
- Seller: David-Emmanuel Cohen - Madar Group
- Seller's Representative: Dora Puig - Luxe Living Realty
This transaction is currently under contract and represents a pending sale for the home. The Mansions on Fisher Island include a limited collection of six homes, with few remaining available. For further details, inquiries can be directed to Dora Puig.
Players
Fisher Island Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93