Luke Lichota Acquires 196 Jagger Path A Land In Southampton For $3.95M With Knickerbocker Realty Group

The property asset involved in the transaction is located at 196 Jagger Path A in Southampton, NY. This sale involves a land asset characterized as a 4.17-acre industrial outdoor storage space, which includes approximately 10,000 square feet across two industrial buildings. The sale price was $3,950,000.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $3,950,000
• Address: 196 Jagger Path A
• Market: Southampton, NY
• Size: 4.17 acres
• Square Footage: Approximately 10,000 square feet
• Buyer's Name: Luke Lichota
• Buyer's Representative: Jacques Wadler & Vincent Lopez - Knickerbocker Realty Group

Knickerbocker Realty Group represented Luke Lichota of Adams European Contracting in this acquisition, identifying the site as an ideal solution for his needs after a thorough search for improved industrial land. The representation was crucial in securing this outdoor storage property, which also features an existing cell tower lease, contributing to a supplemental income stream for the buyer.