Hal Zwick Jeffrey Sztorc James Petrie Of Compass Facilitate Sale Of Retail Asset In East Hampton For $3.25M
32 Park Place
$3,250,000
$1,857/SF
Building Size
1,750 SF
Asset Type
Retail
Closing
Sep 4, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 32 Park Place in East Hampton. The sale transaction was finalized at a price of $3,250,000, encompassing a total area of 1,750 square feet. The price per square foot for this retail property is calculated at $1,857.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,250,000
- Square Footage: 1,750
- Price per Square Foot: $1,857
- Address: 32 Park Place
- Market: East Hampton
Key individuals involved in the deal include brokers Hal Zwick, Jeffrey "Jeff" Sztorc, and James Petrie, who represented the transaction through Compass. Their collaboration facilitated the completion of this retail property sale.
On the Map
$3,250,000
$1,857/SF
Retail
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Players
East Hampton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93