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385 Great Plains Road, Sout...

Updated Dec 21, 2023

Marie-Chantal Miller & Pavlos Acquire SFR In Southampton For $16.5M
SOLDSingle Family Residence

Marie-Chantal Miller & Pavlos Acquire SFR In Southampton For $16.5M

385 Great Plains Road, Southampton, NY 11968

$16,500,000

$1,269/SF

Building Size

13,000 SF

Asset Type

Single Family Residence

Closing

Feb 6, 2020

About this deal

AI

Marie-Chantal Miller, the Crown Princess of Greece, and her husband Pavlos, the Crown Prince, have recently acquired a single-family home in Southampton. The property, located at 385 Great Plains Rd, is situated in a desirable area of Southampton's real estate market. The sale was facilitated by broker Djida Oppenheim from Saunders & Associates and broker Andrea Ackerman from Brown Harris Stevens. The transaction was completed on 02/07/2020.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $16,500,000
  • Square Footage: 13,000
  • Price per Square Foot: $1,269
  • Address: 385 Great Plains Rd, Southampton

Ulla Parker sold the property to Marie-Chantal Miller and Pavlos. The purchase price for the single-family home was $16,500,000, with a generous amount of 13,000 square feet. Djida Oppenheim from Saunders & Associates and Andrea Ackerman from Brown Harris Stevens represented the buyers in this transaction. The deal showcases the interest of notable individuals in acquiring prime properties in Southampton.

Players

Andrea Ackerman

Brown Harris Stevens

Broker

$16.5M

vol

1 deal

Broker

Southampton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $16.5M for 13,000 square feet (2020).

Visit Brown Harris Stevens to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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