Updated Sep 16, 2026
Kyle Rosko Of Douglas Elliman Represents Sale Of Montauk Waterfront Mansion For $23M
29 Wills Pt Road
$23,000,000
$2,300/SF
Building Size
10,000 SF
Asset Type
Single Family
Closing
Sep 15, 2026
About this deal
AI
A single-family waterfront mansion located at 29 Wills Pt Road in Montauk has been sold for $23 million. The property spans 10,000 square feet and is priced at $2,300 per square foot. This sale represents a record for the town's most expensive non-oceanfront home sale. The mansion was designed by Piero Lissoni and sold at the asking price merely three days after it was listed.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,000,000
- Square Footage: 10,000
- Price per Square Foot: $2,300
- Address: 29 Wills Pt Road
- Market: Montauk
- Broker: Kyle Rosko - Douglas Elliman
Kyle Rosko from Douglas Elliman represented the transaction, facilitating the sale of this newly built property. The rapid closure of the deal reflects the strong demand in the Montauk real estate market.
On the Map
$23,000,000
$2,300/SF
Single Family
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Montauk Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93