Updated Dec 21, 2023
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
Southampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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