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51 West End Road, East Hamp...

Peter Morton Acquires East Hampton Single Family For $35M - Macklowe's Reps, Rosko & Braun
SOLDSingle Family Residence

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

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.

Players

Kyle Rosko

Douglas Elliman

Broker

$86.3M

vol

6 deals

Broker

Peter Morton

Buyer

$145M

vol

2 deals

Buyer

East Hampton 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

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93