Updated Sep 9, 2024
Henry Winterstern Sells Beverly Hills Single Family Property For $47.5M With Buyer's Rep Fred Bernstein & Ethan Peskowitz And Seller's Rep Kurt Rappaport
Beverly Hills Post Office
$47,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Mar 31, 2023
About this deal
AI
The property at 1426 Summitridge Drive in Beverly Hills has been sold. The single-family home was sold by Henry Winterstern for a total of $47,500,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $47,500,000
- Address: 1426 Summitridge Drive
- Market: Beverly Hills
Representing the buyer in this transaction were Fred Bernstein and Ethan Peskowitz from Westside Estate Agency. On the seller's side, Kurt Rappaport, also from Westside Estate Agency, handled the deal.
The single family residence sale at Beverly Hills Post Office in Beverly Hills, Florida sold for $47.5M in 2023. Beverly Hills Post Office is classified as Single Family Residence on Traded. Fred Bernstein, Kurt Rappaport, Ethan Peskowitz, Westside Estate Agency appear on the sale alongside Westside Estate Agency. This page is the Beverly Hills, Florida file for the Beverly Hills Post Office single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Beverly Hills sit in the Market section below. Filter that Beverly Hills single family residence set by closing date to see what else sold near Beverly Hills Post Office around 2023. Published consideration for Beverly Hills Post Office is $47.5M, dated 2023. Cite this Henry Winterstern Sells Beverly Hills Single Family Property For $47.5M With Buyer's Rep Fred Bernstein & Ethan Peskowitz And Seller's Rep Kurt Rappaport sale when underwriting similar single family residence product around Beverly Hills, Florida.
On the Map
$47,500,000
Single Family Residence
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Players
Beverly Hills 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
0.33%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93