Jay Collins Purchases Mixed-Use Property At 2-20 Larkfield Road For $2 Million With Broker Stefanie Cosentino
SOLD
$2,000,000
New York
See Similar DealsMixed-use19,950 SF
Sold 10/30/2025
SOLD
Jay Collins Purchases Mixed-Use Property At 2-20 Larkfield Road For $2 Million With Broker Stefanie Cosentino
2 Larkfield Road & 2 Larkfield Road
See Similar DealsMixed-use19,950 SF
Sold 10/30/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$100
Total Square Footage:19,950 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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