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Michael Rubin Acquires Bridgehampton SFR From Ziel Feldman For $50M

Property Image
SOLD
$50,000,000
Gary Cooper

New York

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Single Family Residence8,000 SF
Sold 01/07/2021
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Property Image
SOLD

Michael Rubin Acquires Bridgehampton SFR From Ziel Feldman For $50M

Bridgehampton, NY, USA

See Similar Deals
Single Family Residence8,000 SF
Sold 01/07/2021
Gary Cooper
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$6,250
Total Square Footage:8,000 SF
Transaction Type:Sale

Ziel Feldman has sold his property located in Bridgehampton for a staggering price of $50,000,000 to Michael Rubin. The property is a spacious single-family residence with an approximate area of 8,000 square feet, resulting in a price per square foot of $6,250. Situated on 6.5 acres of land, this property offers both privacy and ample space.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $50,000,000
  • Square Footage: 8,000 (approx.)
  • Price per Square Foot: $6,250
  • Acres: 6.5

Represented by Erica Grossman from Douglas Elliman and Gary Cooper from Hedgerow Properties, Michael Rubin successfully acquired this impressive property from Ziel Feldman. Notably, Michael Rubin is the founder of GSI Commerce, which he sold to eBay for a staggering $2.4 billion in 2011. Additionally, Rubin is also the co-owner of the Sixers and the NJ Devils.

Players

Erica Grossman
4 deals$162.5M volume(917) 710-2512
BROKER

Gary Cooper
Saunders & Associates
1 deal$50M volume
BROKER

Details

SOLD
IMAGE: Ziel Feldman & Michael Rubin DATE: 01/07/2021 MARKET: Bridgehampton ASSET TYPE: SFR BUYER: Michael Rubin SELLER: Ziel Feldman BROKERS: Erica Grossman - Douglas Elliman, Gary Cooper - Hedgerow Properties PRICE: $50,000,000 SF: 8,000 (approx.) ~ PPSF: $6,250 ACRES: 6.5 NOTE: @MichaelRubin is the founder of GSI Commerce, which he sold for $2.4B to @Ebay in 2011. He is also the co-owner of the @Sixers & the @NJDevils.

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