Southampton new build goes for $1.5M as summer rental

New York /
Mar.March 20, 2019 02:39 PM

A tenant plans to lay down $17,500 a day to rent out a contemporary oceanfront home in Southampton for the summer, the New York Post reported. “In past years, we’ve hit the $1 million-plus rental mark, but this far surpasses it,” star broker Dolly Lenz, who publicly called the deal a record, told the newspaper. Finished just last year, the home on “Billionaire’s Row” at 1400 Meadow Lane still hasn’t been furnished. However, it does have “an oversized glass wine storage and display” for the tenant to enjoy as they hope to hobnob with neighbors like Leon Black, Calvin Klein, David Koch and Henry Kravis, according to the Post. A square foot goes for $11,000 in the Hamptons and many homes are typically already rented out for the summer by January, Inman reported. The 10,927-square-foot home, which is on property sold in 2016 by former Manhattan prosecutor Leslie Crocker Snyder, is also up for sale with a price tag of $53.9 million. The estate has nine bedrooms, 12-and-a-half bathrooms, floor-to-ceiling glass walls looking out on the Atlantic Ocean, a Turkish marble patio, an infinity edge pool, a great room with a three-sided fireplace, a theater and other amenities. The property’s nearly three acres also hold a tennis court, parking for more than 16 vehicles and an elevated walkway to the beach. Vincent Horcasitas of Saunders & Associates has the sales listing. [New York Post]


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