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260 Old Montauk Highway
260 Old Montauk Highway
260 Old Montauk Highway
260 Old Montauk Highway
260 Old Montauk Highway
Druker McCombs Properties LLC sold 260 Old Montauk Highway in Montauk for $9 million to former PepsiCo North American CEO Albert Carey and his wife, Victoria, according to The Real Estate Report Inc.
The 1.6-acre parcel fronting the Atlantic is presently vacant but the purchase comes with plans for a 7,500-square-foot modern residence with six bedrooms and 7.5 bathrooms designed by architectural firm Stelle Lomont Rouhani.
“Intimate spaces” will join the common rooms, and a gym and a two-car garage will access 4,000 square feet of decking framing the 50-foot infinity pool and spa.
According to the listing, the permitting process has been completed so expeditious construction may begin, and sitework has already started, including landscaping by Marders.
Mr. Carey retired as North American CEO of PepsiCo in March after nearly four decades with the company. He is presently the executive chairman of Unifi, a textile company.
The property had been listed for $9.5 million with Gary DePersia of Corcoran.
Staff Writer on Aug 22, 2019