Eastdil founder Ben Lambert sells Fisher Island condo at a loss

The Lamberts sold the corner unit — golf cart space included — for $550K less than what they paid 6 years ago

Miami /
Jun.June 30, 2020 04:00 PM
Joe Dimartini, Jill Eber, Cyril Matz, Oliver Lloyd, and Ben Lambert, with the Oceanside unit

Joe Dimartini, Jill Eber, Cyril Matz, Oliver Lloyd, and Ben Lambert, with the Oceanside unit 

Eastdil Secured founder and chairman Benjamin Lambert sold his Fisher Island condo at a loss.

Lambert and his wife, Linda, sold their three-bedroom, 3,592-square-foot condo at Oceanside in Fisher Island for $4.85 million, property records show. Joe Dimartini, CEO of Zelis Payments, and his wife Nicole purchased unit 7664 at 7600 Fisher Island Drive.

Eastdil is one of the most active investment sales brokerages in New York City. Last year, Eastdil finalized a management-led buyout financed by Singapore sovereign wealth fund Temasek and U.S.-based Guggenheim Investments. That left Wells Fargo, which had acquired Eastdil in 1999, with a minority stake in the firm.

Lambert and his wife bought their Fisher Island condo for $5.4 million in 2014, $550,000 more than what they sold it for.

The unit hit the market in February for $7.15 million, before it was lowered in April at the height of the pandemic, to $5.45 million.

It features a wraparound terrace with more than 1,800 square feet. The unit also comes with two parking spaces, one golf cart space, and a large storage unit, according to the listing.

Oliver Lloyd and Cyril Matz of Douglas Elliman were the listing agents. Jill Eber of The Jills Zeder team at Coldwell Banker represented the buyer.

The buyer, Dimartini, was previously founder and chairman of RedCard Systems, a healthcare payments and communications firm that merged with Zelis, a health care and financial technology company.

Fisher Island is consistently ranked as America’s wealthiest ZIP code and can only be reached by ferry, boat or helicopter.


Related Articles

arrow_forward_ios
Eddie Irvine with 424 Rivo Alto Drive, Miami Beach and Johnny Gray with 176 Spyglass Lane, Jupiter (Getty, Google Maps)
South Florida by the numbers: Formula One revs up Miami real estate
South Florida by the numbers: Formula One revs up Miami real estate
Palazzo Della Luna
Following his own advice? CEO of financial advisory buys Fisher Island condo for $6M
Following his own advice? CEO of financial advisory buys Fisher Island condo for $6M
Maggie Cordish and Palazzo Della Luna (David x Prutting/Patrick McMullan/Getty)
Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
(Google Maps)
Miami-Dade condo sales and dollar volume surge midway through March
Miami-Dade condo sales and dollar volume surge midway through March
The Palazzo Della Luna at 6800 Fisher Island Drive, Miami Beach (right)
Weekly condo sales and dollar volume drop in Miami-Dade
Weekly condo sales and dollar volume drop in Miami-Dade
Ron and Michael Simkins with 7972 Fisher Island Drive, Fisher Island (Innovate, Douglas Elliman)
Simkins brothers sell Fisher Island penthouse for $9M
Simkins brothers sell Fisher Island penthouse for $9M
Victor Santana and Jonathan Rosen
Movers & Shakers: Colliers taps retail director in South Florida & more
Movers & Shakers: Colliers taps retail director in South Florida & more
Palazzo Del Sol (7000 Fisher Island Drive, Miami Beach) (Photo via ASR Interiors)
$20M Fisher Island closing leads Miami’s weekly condo sales
$20M Fisher Island closing leads Miami’s weekly condo sales
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...