Hal Zwick Jeffrey Sztorc James Petrie Of Compass Facilitate Sale Of Retail Asset In East Hampton For $3.25M
SOLD
$3,250,000
New York
See Similar DealsRetail1,750 SF
Sold 09/05/2025
SOLD
Hal Zwick Jeffrey Sztorc James Petrie Of Compass Facilitate Sale Of Retail Asset In East Hampton For $3.25M
32 Park Place
See Similar DealsRetail1,750 SF
Sold 09/05/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,857
Total Square Footage:1,750 SF
Transaction Type:Sale
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.
Players
BROKERAGE
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
Is there something missing? Send suggestions