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608 Sagg Main Street

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

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

608 Sagg Main Street

$22,000,000

$2,200/SF

Building Size

10,000 SF

Asset Type

Single Family Residence

Closing

Feb 25, 2026

AI

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

Douglas Elliman

Broker

$262.5M

vol

38 deals

Broker

Michael Green

Seller

$265.9M

vol

4 deals

Seller

Sagaponack 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

0.72%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93