Updated Jul 6, 2026
Meyer Pensky Purchases SFR At 1449 Deerfield Road In Water Mill For $6,395,000
1449 Deerfield Road
$6,395,000
$726/SF
Building Size
8,800 SF
Asset Type
Single Family Residence
Closing
Jun 17, 2026
About this deal
AI
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.
On the Map
$6,395,000
$726/SF
Single Family Residence
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Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $726 per square foot on a published $6.4M for 8,800 square feet (2026).
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Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93