Updated Sep 26, 2025
Excelsior Development Sells Wainscott SFR For $12.15M With Lori Schiaffino And Nathan Grome As Brokers
73 Wainscott Stone Road
$12,150,000
$1,278/SF
Building Size
9,500 SF
Asset Type
Single Family Residence
Closing
Sep 18, 2025
About this deal
AI
The asset involved in this transaction is a single-family residence located at 73 Wainscott Stone Road in Wainscott. The property was sold for a total price of $12,150,000 and encompasses a square footage of 9,500. The price per square foot is recorded at $1,278, highlighting its market value in the area.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $12,150,000
- Address: 73 Wainscott Stone Road
- Market: Wainscott
- Square Footage: 9,500
- Price per Square Foot: $1,278
- Seller: Excelsior Development
- Buyer’s Representative: Nathan Grome - Compass
- Seller’s Representative: Lori Schiaffino - Compass
This transaction marks the highest sale ever recorded on Wainscott Stone Road and the third highest trade of the year in Wainscott, NY, showcasing significant activity within the local real estate market.
On the Map
$12,150,000
$1,278/SF
Single Family Residence
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Wainscott Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $12.2M for 9,500 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93