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Staatsburg, New York, Unite...

Six Senses Acquires 236-Acre Farm In Staatsburg From Chid & Georgie Badiel Liberty For $13.7M
SOLDOther

Six Senses Acquires 236-Acre Farm In Staatsburg From Chid & Georgie Badiel Liberty For $13.7M

Staatsburg, New York, United States

$13,700,000

Building Size

Asset Type

Other

Closing

Sep 11, 2022

AI

Chid Liberty, Georgie Badiel Liberty, and Wendy Maitland were involved in a recent property transaction in Staatsburg. The property in question is a farm covering 236 acres.

Summary of transaction details

  • Property Type: Farm
  • Transaction Amount: $13,700,000
  • Market: Staatsburg
  • Buyer: Six Senses
  • Seller: Chid & Georgie Badiel Liberty
  • Broker: Wendy Maitland - Atelier

Six Senses acquired the farm from Chid and Georgie Badiel Liberty with the assistance of Wendy Maitland from Atelier. This transaction marks another significant deal in the real estate market.

Players

Wendy Maitland

Broker

$44.4M

vol

6 deals

Broker

Staatsburg Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.16%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93