Jay Collins Purchases Mixed-Use Property At 2-20 Larkfield Road For $2 Million With Broker Stefanie Cosentino
2 Larkfield Road & 2 Larkfield Road
$2,000,000
$100/SF
Building Size
9,975 SF
Asset Type
Mixed-use
Closing
Oct 29, 2025
About this deal
AI
The property asset involved in this transaction is located at 2-20 Larkfield Road, situated in the Town of Huntington & East Northport. This mixed-use asset comprises 1 apartment and 4 commercial units, totaling 9,975 square feet. The transaction was completed at a sale price of $2,000,000, which translates to a price per unit of $400,000 and a price per square foot of $200.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,000,000
- Units: 5
- Square Footage: 9,975
- Price Per Unit: $400,000
- Price Per Square Foot: $200
- Buyer: Jay Collins
- Broker: Stefanie Cosentino - Cosentino Realty Group
Stefanie Cosentino of Cosentino Realty Group represented both the buyer and seller in this transaction, facilitating the deal through her expertise in the real estate market.
On the Map
$2,000,000
$100/SF
Mixed-use
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East Northport Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93