Ron Perelman Sells East Hampton SFR For $84.5M With Harald Grant - Sotheby's International Realty
SOLD
New York
See Similar DealsSingle Family Residence2,500 SF
Sold 02/22/2022
SOLD
Ron Perelman Sells East Hampton SFR For $84.5M With Harald Grant - Sotheby's International Realty
East Hampton, New York, United States
See Similar DealsSingle Family Residence2,500 SF
Sold 02/22/2022
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$33,800
Total Square Footage:2,500 SF
Transaction Type:Sale
Ron Perelman has closed a sale in East Hampton for a single-family residence (SFR) sitting on 9.5 acres. The transaction took place on February 22, 2022, and the property was sold for a whopping $84,500,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $84,500,000
- Market: East Hampton
- Acres: 9.5
The seller in this transaction was Ron Perelman. Harald Grant from Sotheby's International Realty represented him as the broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,506,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$300,210.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$400,573.11
Annual Debt Service$4,806,877.32
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