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Bridgehampton, New York, Un...

Irving Shafran Sells Bridgehampton SFR For $45M With Christopher Covert As The Broker
SOLDSingle Family Residence

Irving Shafran Sells Bridgehampton SFR For $45M With Christopher Covert As The Broker

Bridgehampton, New York, United States

$45,000,000

$6,000/SF

Building Size

7,500 SF

Asset Type

Single Family Residence

Closing

Aug 2, 2022

AI

Located in the market of Bridgehampton, this single-family residence (SFR) recently sold in a closed transaction. The property, spanning over 7,500 square feet, was sold by Irving Shafran. The sale was facilitated by Christopher Covert of Compass and Hedgerow Exclusive Properties. The transaction took place on August 3, 2022, with the property selling for an impressive $45,000,000, resulting in a price per square foot of $6,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $45,000,000
  • Market: Bridgehampton
  • Broker: Christopher Covert - Compass & Hedgerow Exclusive Properties
  • Date: 08/03/2022

Please note that no additional information was provided regarding the unique characteristics or address of the property. However, the impressive sale price and price per square foot demonstrate the desirability and value of this Bridgehampton residence.

Players

Christopher Covert

Compass

Broker

$117M

vol

2 deals

Broker

Bridgehampton 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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93