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Rose Cheng Acquires Retail Property On Main Street In East Hampton For $3M From Seller Tahari Capital

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

New York

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Retail1,341 SF
Sold 09/08/2023
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Property Image
SOLD

Rose Cheng Acquires Retail Property On Main Street In East Hampton For $3M From Seller Tahari Capital

48 Main Street

See Similar Deals
Retail1,341 SF
Sold 09/08/2023
Jordan Sutton
Daniel Abbondandolo
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$2,237
Total Square Footage:1,341 SF
Transaction Type:Sale

A retail property located at 48 Main Street in East Hampton has been sold for a price of $3,000,000. The property spans 1,341 square feet and was sold at a price per square foot of $2,237. The transaction took place between seller Jeremey Tahari, representing Tahari Capital, and buyer Rose Cheng.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 48 Main Street, East Hampton
  • Square Footage: 1,341
  • Price per Square Foot: $2,237

Cushman & Wakefield agents Jordan Sutton, Daniel Abbondandolo, and Victor Little facilitated the deal as the brokers. They can be contacted 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

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
16 deals$59.5M volume
SELLER

Details

SOLD
IMAGE: Jeremey Tahari, Jordan Sutton, Daniel Abbondandolo & Victor Little DATE: 09/08/2023 ADDRESS: 48 Main Street MARKET: East Hampton ASSET TYPE: Retail BUYER: Rose Cheng SELLER: Jeremey Tahari (@Jeremey) - Tahari Capital BROKERS: Jordan Sutton (@JSutto12), Daniel Abbondandolo (@TeamAbbondandolo) & Victor Little (@Victor.R.Little) - Cushman & Wakefield (@CushWake) SALE PRICE: $3,000,000 SF: 1,341 ~ PPSF: $2,237 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

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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