Robert Zecher Acquires Retail Asset At 36 Newtown Lane East Hampton For $6.45M With Brokers Hal Zwick & Jeffrey Sztorc
Newtown Lane
$6,450,000
$1,697/SF
Building Size
3,800 SF
Asset Type
Retail
Closing
Sep 24, 2025
AI
The asset involved in this transaction is a retail property located at 36 Newtown Lane in the East Hampton market. The property encompasses a total square footage of 3,800 and has been transacted at a price of $6,450,000, resulting in a price per square foot of $1,697.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,450,000
- Address: 36 Newtown Lane
- Market: East Hampton
- Square Footage: 3,800
- Price per Square Foot: $1,697
- Buyer: Robert Zecher
- Brokers: Hal Zwick & Jeffrey Sztorc - Compass
The individuals involved in this transaction include the buyer, Robert Zecher, along with brokers Hal Zwick and Jeffrey Sztorc, who are affiliated with Compass. Their expertise facilitated this retail property deal within the East Hampton area.
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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93