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Rachel Cook Acquires SFR At 608 Sagg Main Street In Sagaponack For $22M From Michael Green & Marisa Zanuck

Property Image
SOLD
$22,000,000
Alexander Boriskin
Michael Lorber
+ 1

New York

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Single Family Residence10,000 SF
Sold 02/26/2026
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Property Image
SOLD

Rachel Cook Acquires SFR At 608 Sagg Main Street In Sagaponack For $22M From Michael Green & Marisa Zanuck

608 Sagg Main Street

See Similar Deals
Single Family Residence10,000 SF
Sold 02/26/2026
Alexander Boriskin
Michael Lorber
+ 1
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$2,200
Total Square Footage:10,000 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family residence located at 608 Sagg Main Street, Sagaponack. It has a total square footage of 10,000 and was sold for a price of $22,000,000, resulting in a price per square foot of $2,200.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $22,000,000
  • Address: 608 Sagg Main Street
  • Market: Sagaponack
  • Square Footage: 10,000
  • Price Per Square Foot: $2,200
  • Buyer: Rachel Cook
  • Seller: Michael Green & Marisa Zanuck
  • Seller's Representative: Adam Hofer, Michael Lorber & Alexander Boriskin - Douglas Elliman

Key individuals involved in this deal include Rachel Cook as the buyer, and Michael Green and Marisa Zanuck as the sellers. The transaction was represented by Adam Hofer, Michael Lorber, and Alexander Boriskin from the agency Douglas Elliman, who acted on behalf of the sellers.

Players

Michael Lorber
38 deals$262.5M volume
BROKER

Alexander Boriskin
Douglas Elliman
37 deals$242M volume
BROKER

Adam Hofer
Douglas Elliman
5 deals$63.6M volume
BROKER

Details

SOLD
IMAGE: Adam Hofer, Michael Lorber & Alexander Boriskin DATE: 2/26/2026 ADDRESS: 608 Sagg Main Street MARKET: Sagaponack ASSET TYPE: SFR BUYER: Rachel Cook SELLER: Michael Green & Marisa Zanuck SELLER'S REP: Adam Hofer (@AdamHoferSHamptons), Michael Lorber (@MichaelLorber) & Alexander Boriskin (@AlexanderBoriskin) - Douglas Elliman (@DouglasElliman) SALE PRICE: $22,000,000 SF: 10,000 ~ PPSF: $2,200

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,173,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$78,161.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,291.22
Annual Debt Service$1,251,494.69