LVMH Acquires Retail Property In East Hampton For $22M With Seller's Rep Jordan Sutton, Robert Shapiro, Daniel Abbondandolo & Victor Little

The retail property located at 1 Main Street in East Hampton was recently sold in a transaction. The property spans 5,000 square feet and was sold for a price of $22,000,000, resulting in a price per square foot of $4,400. The buyer in this transaction was LVMH, represented by Bernard Arnault. The seller was Tahari Capital, represented by Jeremey Tahari.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $22,000,000

Andrew Goldberg from CBRE acted as the buyer's representative for LVMH in this transaction. On the seller's side, Jordan Sutton, Robert Shapiro, Daniel Abbondandolo, and Victor Little from Cushman & Wakefield represented Tahari Capital. They can be reached for other opportunities related to this sale.

Please note that Jeremey Tahari of Tahari Capital is actively seeking multifamily opportunities in New York City. For any inquiries, you can reach him directly at [email protected].