Stewart Butterfield, Jen Rubio & David Walentas: Southampton SFR Sale For $32.2M
Southampton, New York, United States
$32,200,000
$1,894/SF
Building Size
17,000 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2022
AI
A 17,000 square-foot single-family home located in Southampton, with a total of 3.0 acres of land, has been sold for a price of $32,200,000. The property was purchased by Stewart Butterfield, the CEO of Slack, and Jen Rubio, the co-founder of Away. The seller of the property was David Walentas. The sale took place on June 2, 2022, and the transaction was facilitated by brokers Christopher Burnside from Brown Harris Stevens and Harald Grant from Sotheby's International Realty. The price per square foot for the property was $1,894.
Summary of transaction details:
- Property Type: Single-family home (SFR)
- Transaction Amount: $32,200,000
- Market: Southampton
- Acres: 3.0
The buyers of the property were Stewart Butterfield, the CEO of Slack, and Jen Rubio, the co-founder of Away. They acquired the property from David Walentas. The sale was facilitated by brokers Christopher Burnside from Brown Harris Stevens and Harald Grant from Sotheby's International Realty.
Players
Southampton 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
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93