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$110M sale the second-largest in Hamptons, state history

This East Hampton property closed Feb. 9, 2016,

This East Hampton property closed Feb. 9, 2016, for $110 million. Credit: Compass / Doug Kuntz

The sale Tuesday of an oceanfront property in East Hampton for $110 million is the second-largest in Hamptons and New York State history, and the fifth-largest in the country, according to the real estate firm that handled the transaction.

Ed Petrie of Compass brokered the deal of the 6.4-acre property, which comes with 284 feet of beachfront and a 4,500-square-foot, five-bedroom home.

There is no word yet on who the buyer is.

Three limited liability companies purchased one property each in 2014 for a total of $93.9 million, according to public records, and all three properties sold as one. They had not been on the market.

Petrie did not return a call seeking comment.

The sale is a Hamptons record, confirms Jonathan Miller, the president of real estate appraisal firm Miller Samuel, beat out only by an 18-acre East Hampton property that sold for $147 million in 2014. In the United States, it ranks behind nine-figure sales in Palm Beach, Florida; Greenwich, Connecticut; Woodside, California; and another in East Hampton, he says.

“I have been keeping and building a list for a while of sales at or above $50 million,” Miller says.

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