Nadia Tamayeff Acquires Mixed-Use Property In Freeport For $1.2M
SOLD
$1,200,000
New York
See Similar DealsMixed-use8,670 SF
Sold 06/02/2023
SOLD
Nadia Tamayeff Acquires Mixed-Use Property In Freeport For $1.2M
80 S Main St Freeport, NY 11520, USA
See Similar DealsMixed-use8,670 SF
Sold 06/02/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$138
Total Square Footage:8,670 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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