facebook
Traded Co logo
Submit

Rose Cheng Acquires Retail Property On Main Street, East Hampton For $3.3M

Property Image
SOLD
$3,300,000
Jordan Sutton
Daniel Abbondandolo
+ 2

New York

See Similar Deals
Retail1,645 SF
Sold 09/08/2023
the dealplayerscompscontact
Property Image
SOLD

Rose Cheng Acquires Retail Property On Main Street, East Hampton For $3.3M

46 Main St, East Hampton, NY 11937

See Similar Deals
Retail1,645 SF
Sold 09/08/2023
Jordan Sutton
Daniel Abbondandolo
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$2,006
Total Square Footage:1,645 SF
Transaction Type:Sale

A retail property located at 46 Main Street in East Hampton has been sold for a price of $3,300,000. The property spans a total area of 1,645 square feet, resulting in a price per square foot of $2,006.

Summary of transaction details

The deal's broker representation was handled by Jordan Sutton, director of Capital Markets, and Daniel Abbondandolo, executive director of Capital Markets, from Cushman & Wakefield. For further inquiries or other opportunities, please contact:

Jordan Sutton
Email: [email protected]
Direct: (212) 589 5101

Daniel Abbondandolo
Email: [email protected]
Direct: (631) 425 1232

Players

33 deals$246.4M volume(917) 284-1406
BROKER


Victor Little
Cushman & Wakefield
29 deals$165.3M volume(631) 425-1239
BROKER

Jeremey Tahari
Black Bear Capital Partners
16 deals$59.5M volume
BROKER

Jeremey Tahari
Black Bear Capital Partners
16 deals$59.5M volume
BROKER

Jeremey Tahari
Black Bear Capital Partners
16 deals$59.5M volume
BROKER

Details

SOLD
IMAGE: Jeremey Tahari, Jordan Sutton, Daniel Abbondandolo & Victor Little DATE: 09/08/2023 ADDRESS: 46 Main Street MARKET: East Hampton ASSET TYPE: Retail BUYER: Rose Cheng SELLER: Jeremey Tahari BROKERS: Jordan Sutton (@JSutto12), Daniel Abbondandolo (@TeamAbbondandolo) & Victor Little (@Victor.R.Little) - Cushman & Wakefield (@CushWake) SALE PRICE: $3,300,000 SF: 1,645 ~ PPSF: $2,006 NOTE FROM BROKER: Cushman & Wakefield - Please contact us for other opportunities: Jordan Sutton – Director, Capital Markets Email: [email protected] Direct: (212) 589 5101 Daniel Abbondandolo – Executive Director, Capital Markets Email: [email protected] Direct: (631) 425 1232

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$175,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20