Updated Dec 4, 2024
Gabrielle Union And Dwyane Wade Buy Custom Beach House In Jamesport For $2.6M
JAMESPORT NEW YORK
$2,600,000
$742/SF
Building Size
3,500 SF
Asset Type
Single Family
Closing
Nov 20, 2024
About this deal
AI
Gabrielle Union and Dwyane Wade purchased a custom-built beach house in Jamesport, NY for $2,600,000. The property encompasses 3,500 square feet and includes three bedrooms, along with a private beach. The design of the house was done by Eric Liftin and Jennifer Bunsa.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,600,000
- Square Footage: 3,500
- Price Per Square Foot: $743
- Buyer: Gabrielle Union & Dwyane Wade
- Seller: Julie Satow - NYT Best-Selling Author; Stuart Elliott
- Broker: Sheri Winter Parker - The Corcoran Group
The transaction featured prominent individuals in the entertainment industry and real estate, with Gabrielle Union and Dwyane Wade as well-known public figures. Julie Satow, a New York Times Best-Selling Author, along with Stuart Elliott, represented the selling side, while Sheri Winter Parker from The Corcoran Group facilitated the transaction.
On the Map
$2,600,000
$742/SF
Single Family
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Riverhead Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $742 per square foot on a published $2.6M for 3,500 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93