Seth Weissman, Haley Davis & Bean Provide $3.4M Refinance Loan For Retail Asset In East Quogue
94 Dune Road
$3,400,000
$988/SF
Building Size
3,440 SF
Asset Type
Retail
Closing
Mar 25, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 94 Dune Road in the East Quogue market. A loan was secured for this property in the amount of $3,400,000, classified as a refinance transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,400,000
- Lender: Seth Weissman, Haley Davis & Bean - Urban Standard Capital
- Loan Type: Refinance
- Date: 3/26/2026
- Address: 94 Dune Road
- Market: East Quogue
Seth Weissman and Haley Davis, representing the lender Urban Standard Capital, executed the loan through USC's Core Financing platform. This platform provides borrowers access to lower cost capital on qualified transactions.
On the Map
$3,400,000
$988/SF
Retail
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Players
Hampton Bays Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93