James Carney Sells Bridgehampton Single Family Home For $35M With Brokers Erica Grossman & Catherine Juracich
$35,000,000
$6,363/SF
Building Size
5,500 SF
Asset Type
Single Family
Closing
Feb 7, 2023
AI
A single-family home in Bridgehampton has been sold for $35,000,000. The property spans 5,500 square feet, resulting in a price per square foot of $6,364. The sale was completed on February 7, 2023.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Square Footage: 5,500
- Price Per Square Foot: $6,364
The seller of the property was James Carney. The deal was facilitated by two broker representatives. Erica Grossman from Douglas Elliman represented the buyer, while Catherine Juracich from The Corcoran Group represented the seller. The transaction took place in the Bridgehampton market.
Players
Market 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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93