Updated Oct 19, 2026
Anchor Capital Group Arch&Co. Terra Construction Group Acquire Development Site In Bridgehampton For $3.2M
393 & 397 Brick Kiln Rd, Bridgehampton, Ny
$3,200,000
$36/SF
Building Size
88,862 SF
Asset Type
Development Site
Closing
Feb 20, 2026
About this deal
AI
The development site located at 393 & 397 Brick Kiln Road in Bridgehampton was sold for $3,200,000. The total area of the property is 2.04 acres, resulting in a price per acre of $1,568,627.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,200,000
- Address: 393 & 397 Brick Kiln Road
- Market: Bridgehampton
- Acres: 2.04
- Price per Acre: $1,568,627
- Buyer: Anchor Capital Group, Arch&Co., and Terra Construction Group
The individuals involved in the transaction include Max Padway, Yair Sarraf, Josh Seidner, Ethan Frank, and Joseph Picataggi Jr., representing the buyers. Additionally, interested sellers of residential land or homes in the Hamptons can contact Anchor Capital Group via PM on Instagram or email at [email protected]. For those interested in purchasing new construction customized homes, the point of contact is Arch&Co., reachable via PM on Instagram or at [email protected].
On the Map
$3,200,000
$36/SF
Development Site
View full map
Players
Bridgehampton Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse New York development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93