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James Carney sells Bridgeha...

James Carney Sells Bridgehampton Single Family Home For $35M With Brokers Erica Grossman & Catherine Juracich
SOLDSingle Family

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

Erica Grossman

Douglas Elliman

Broker

$162.5M

vol

4 deals

Broker

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