Nadia Tamayeff Acquires Mixed-Use Property In Freeport For $1.2M
80 S Main St Freeport, NY 11520, USA
$1,200,000
$138/SF
Building Size
8,670 SF
Asset Type
Mixed-use
Closing
Jun 2, 2023
About this deal
AI
Located at 80 South Main Street in Freeport, this mixed-use property has been sold in a recent transaction. The property spans a total area of 8,670 square feet, with a price per square foot of $138. The sale price for this transaction was $1,200,000.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,200,000
- Address: 80 South Main Street
- Market: Freeport
- Square Footage: 8,670
- Price per Square Foot: $138
Nadia Tamayeff has purchased the property from the Coombes Family. The transaction was facilitated by Stephen R. Preuss Sr., Kevin Louie, and Stephanie Botchway of Ripco, serving as the brokers in the deal.
On the Map
$1,200,000
$138/SF
Mixed-use
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Players
New York 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93