Meyer Pensky Purchases SFR At 1449 Deerfield Road In Water Mill For $6,395,000

The asset involved in this transaction is a single-family residence located at 1449 Deerfield Road in the Water Mill market. The property was sold for a price of $6,395,000. It encompasses a total square footage of 8,800, resulting in a price per square foot of $726.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $6,395,000
• Address: 1449 Deerfield Road
• Market: Water Mill
• Square Footage: 8,800
• Price Per Square Foot: $726
• Buyer: Meyer Pensky
• Seller: Michael Towne
• Seller's Representative: Adam Hofer, Jing Sun, Alexander Boriskin & Michael Lorber - Douglas Elliman

This transaction involved key individuals including the buyer Meyer Pensky and the seller Michael Towne, both of whom played significant roles in the completion of the deal. The seller was represented by a team from Douglas Elliman, including Adam Hofer, Jing Sun, Alexander Boriskin, and Michael Lorber, highlighting a collaborative effort in this real estate transaction.