Jason Medina Purchases Montauk Dome Home From Eugene Jr Tallerico For $1.5 Million With Kevin Iglesias As Seller's Representative
54 East Lake Drive
$1,500,000
$750/SF
Building Size
2,000 SF
Asset Type
Single Family Residence
Closing
Oct 8, 2025
AI
A single-family residence located at 54 East Lake Drive in Montauk has been sold for $1,500,000. The property spans 2,000 square feet, resulting in a price per square foot of $750.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,500,000
- Buyer: Jason Medina
- Seller: Eugene Jr Tallerico
- Seller's Representative: Kevin Iglesias - Signature Premier Properties
- Market: Montauk
Kevin Iglesias and his team facilitated the sale of a notable property, often referred to as Montauk's Dome Home, which has garnered extensive visibility with over 20,000 views on Zillow and has been featured in various major news outlets.
Players
Montauk 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93