Updated Dec 21, 2023
Jack Cohen Acquires Sag Harbor SFR For $17.25M With Buyer's Rep Adam Hofer, Jonathan R. Stein, Michael Lorber & Alexander Boriskin
60 Forest Road, Sag Harbor, New York 11963, United States
$17,250,000
$4,201/SF
Building Size
4,106 SF
Asset Type
Single Family Residence
Closing
Jan 14, 2022
About this deal
AI
Located in Sag Harbor, this single-family home on 60 Forest Road has been sold. The property, spanning 4,106 square feet, was sold for a total price of $17,250,000, resulting in a price per square foot of $4,201. The transaction took place on January 15, 2022.
Summary of transaction details:
- Property Type: SFR
- Sale Price: $17,250,000
- Square Footage: 4,106
- Price Per Square Foot: $4,201
- Address: 60 Forest Road, Sag Harbor
The buyer of this property is Jack Cohen, while the seller is Sarah Williams. The deal was facilitated by Douglas Elliman, with Adam Hofer, Jonathan R. Stein, Michael Lorber, and Alexander Boriskin acting as the buyer's representatives.
Players
Sag Harbor Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $4.2K per square foot on a published $17.3M for 4,106 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93