facebook
Traded Co logo
Submit

Douglas Elliman Brokers Sell Sagaponack SFR For $20.5M

Property Image
SOLD
$20,500,000
Justin Agnello
James Keogh
+ 2

New York

See Similar Deals
Single Family Residence4,857 SF
Sold 09/01/2020
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman Brokers Sell Sagaponack SFR For $20.5M

25 Potato Rd, Sagaponack, NY 11962, USA

See Similar Deals
Single Family Residence4,857 SF
Sold 09/01/2020
Justin Agnello
James Keogh
+ 2
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$4,220
Total Square Footage:4,857 SF
Transaction Type:Sale

A single-family residential property located at 25 Potato Road in Sagaponack has been sold. The property, situated on a lot measuring 1.03 acres, was listed for sale with an asking price of $24,995,000. After negotiations, the property was sold for $20,500,000. The total square footage of the property is 4,857 with a price per square foot of $4,220.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $20,500,000
  • Address: 25 Potato Road
  • Market: Sagaponack
  • Lot Size: 1.03 Acres

The sale of 25 Potato Road was facilitated by Douglas Elliman. The broker team involved in the transaction includes Erica Grossman, Michael Lorber, Hara Kang, James Keogh, and Justin Agnello. They represented the buyer and seller, ensuring a successful sale of the property.

Players

Erica Grossman
4 deals$162.5M volume(917) 710-2512
BROKER

James Keogh
NAI Global
8 deals$45.9M volume(774) 239-5151
BROKER

Hara Kang
Douglas Elliman
2 deals$27.3M volume
BROKER

Michael Lorber
Douglas Elliman
38 deals$262.5M volume
BROKER

Justin Agnello
Douglas Elliman
1 deal$20.5M volume
BROKER

Details

SOLD
IMAGE: IMAGE: @Erica.Grossman, James Keogh, @MichaelLorber, Justin Agnello & Hara Kang DATE: 09/01/2020 ADDRESS: 25 Potato Road MARKET: Sagaponack ASSET TYPE: SFR LOT SIZE: 1.03 Acres BROKERS: Erica Grossman, Michael Lorber, Hara Kang, James Keogh & Justin Agnello – Douglas Elliman ASKING PRICE: $24,995,000 SALE PRICE: $20,500,000 SF: 4,857 PPSF: $4,220

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,093,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$72,832.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$97,180.46
Annual Debt Service$1,166,165.50