Ann Tenenbaum Sells Historic Dune Cottage In East Hampton For $72 Million With Brokers Terry Cohen And Christopher Covert
43 East Dune Lane
$72,000,000
$6,545/SF
Building Size
11,000 SF
Asset Type
Single Family
Closing
Mar 6, 2026
AI
The property asset involved in the transaction is a single-family home located at 43 East Dune Lane in the East Hampton market. This oceanfront estate spans 3.6 acres and encompasses 11,000 square feet of living space. The sale price was set at $72,000,000, resulting in a price per square foot of $6,545. The estate was originally listed for $120 million in 2024 and features 10 bedrooms, 12 bathrooms, a guest studio, tennis court, pool, and spa.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $72,000,000
- Address: 43 East Dune Lane
- Market: East Hampton
- Square Footage: 11,000
- Price per Square Foot: $6,545
- Seller: Ann Tenenbaum
- Brokers: Terry Cohen, Christopher Covert - Compass & Adam Modlin - Modlin Group
This transaction marks the largest known deal in the Hamptons for 2026 and features a storied history, having previously been owned by notable figures such as Lee Radziwill and billionaire Thomas H. Lee.
Players
East Hampton Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93