Real Estate News

Hamptons Real Estate by the Numbers: Anderson Cooper, LuAnn de Lesseps, Joe Farrell

Investing in Hamptons real estate does not necessarily take the many millions one might imagine. Last week, we saw that although large sums can certainly land you some prime properties—and properties with some famous pedigrees, at that—you can get into the game here on the East End for as little as $100. Intrigued? We don’t doubt it. Among the myriad numbers making news in the market, let’s start with that…

$100: The smallest amount people can pony up to join Fundrise, a crowdfunding company for investing in real estate. Maybe that number doesn’t sound like much, but if you ask enough people to join, you can get to…

$1 million: The amount Fundrise generated from a reported 64 investors for its first Hamptons investment, a five-bedroom, 3,500-square-foot bayfront property at 826 Dune Road in West Hampton Dunes on the market for $3.25 million. For those still looking West of the Canal but wanting to spend a little less and get a home with some celeb cache, you’ll need only…

$2.599 million: The asking price for Anderson Cooper’s 3,600-square-foot, six-bedroom home on Quiogue on Aspatuck Creek, which has come down from $2.99 million, which still wasn’t…

$8 million: The reported price for which Countess LuAnn de Lesseps sold her 6,500-square-foot home to Hamptons developer Joe Farrell of Farrell Building—nearly $2 million less that she’d originally asked for the 2.2-acre Bridgehampton property when it was first listed. Curbed Hamptons reports that Farrell will tear it down and put up a home that could sell for two-and-a-half times the price. But if you’re going to spend $20 million, is that really all that far away from…

$59.9 million: The listing price for the anticipated Sagaponack property from the new Bespoke Real Estate, who describe it as “a one of a kind opportunity to own the largest compound setting with adjacent reserve in Sagaponack. The property is comprised of three single and separate contiguous building lots in conjunction with an adjacent 10.5 acre reserve.” That is an impressive number, but not quite…

$75 million: The asking price for the costliest home on the market in the Hamptons right now, which is the oceanfront gem listed by Sotheby’s at 33 Lily Pond Lane in East Hampton. If only it had sold last week, it could have been our Big Deal of the Week—the honor we designate upon the most expensive home sale reported in the Hamptons each week—which was…

$21,250,000: County Wexford LLC to Skylight East LLC, Apaquogue Road.

Facebook Comments

Show More

Related Articles