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Susan Breitenbach Of The Corcoran Group Represents Sale Of East Hampton Estate For $32M
SOLD
$32,000,000
New York
See Similar DealsSingle Family
Sold 01/22/2026
SOLD
Susan Breitenbach Of The Corcoran Group Represents Sale Of East Hampton Estate For $32M
42 Hither Lane & 55 Middle Lane
See Similar DealsSingle Family
Sold 01/22/2026
Summary
NEW YORK
Asset Type:Single Family
Transaction Type:Sale
A 7.3-acre estate located in East Hampton Village, comprising 42 Hither Lane and 55 Middle Lane, has recently been sold for $32,000,000. The property features single-family residential characteristics and is situated in the East Hampton market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $32,000,000
- Sale Date: 01/22/2026
- Address: 42 Hither Lane & 55 Middle Lane
- Market: East Hampton
- Acres: 7.3
- Broker: Susan Breitenbach - The Corcoran Group
This transaction marks one of the first major deals in the Hamptons for the year 2026, reflecting the ongoing demand for exclusive properties in this desirable area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,706,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$113,689.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$151,696.33
Annual Debt Service$1,820,355.91
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