Jeffrey Doorman Acquires Sag Harbor SFR From Willaim Clark For $5 Million
85 Suffolk Street
$5,000,000
$1,724/SF
Building Size
2,900 SF
Asset Type
Single Family Residence
Closing
Jul 23, 2026
AI
The asset involved in this transaction is a single-family residence located at 85 Suffolk Street in Sag Harbor. The property was sold for $5,000,000 with a square footage of 2,900. The price per square foot is calculated at $1,724.
Summary of transation details:
- Property Type: SFR
- Transaction Amount: $5,000,000
- Address: 85 Suffolk Street
- Market: Sag Harbor
- Square Footage: 2,900
- Price Per Square Foot: $1,724
- Buyer: Jeffrey Doorman
- Seller: Willaim Clark
- Brokers: Adam Hofer, Alexander Boriskin & Michael Lorber - Douglas Elliman
The deal was facilitated by the brokerage firm Douglas Elliman, represented by the brokers Adam Hofer, Alexander Boriskin, and Michael Lorber, who played a crucial role in the transaction between the buyer, Jeffrey Doorman, and the seller, Willaim Clark.
Players
Sag Harbor Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93