Updated Oct 25, 2024
Peter Morton Acquires East Hampton Single Family For $35M - Macklowe's Reps, Rosko & Braun
51 West End Road, East Hampton, New York 11937, United States
$35,000,000
$5,833,333/SF
Building Size
6 SF
Asset Type
Single Family Residence
Closing
Jan 26, 2023
About this deal
AI
A single-family property located at 51 West End Rd in East Hampton has been sold for a total of $35,000,000. The property spans 6,100 square feet, resulting in a price per square foot of $5,738.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Address: 51 West End Rd, East Hampton
- Market: East Hampton
Peter Morton has purchased the property from Lloyd and Barbara Macklowe. The transaction was facilitated by Kyle Rosko and Marcy Braun from Douglas Elliman.
On the Map
$35,000,000
$5,833,333/SF
Single Family Residence
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Players
East Hampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $5.8M per square foot on a published $35M for 6 square feet (2023).
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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