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80 S Main St Freeport, NY 1...

Nadia Tamayeff Acquires Mixed-Use Property In Freeport For $1.2M
SOLDMixed-use

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

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.

Players

Kevin Louie

Ripco

Broker

$1B

vol

126 deals

Broker

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