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Robert Zecher Acquires Retail Asset At 36 Newtown Lane East Hampton For $6.45M With Brokers Hal Zwick & Jeffrey Sztorc

Property Image
SOLD
$6,450,000

New York

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Retail3,800 SF
Sold 09/25/2025
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Property Image
SOLD

Robert Zecher Acquires Retail Asset At 36 Newtown Lane East Hampton For $6.45M With Brokers Hal Zwick & Jeffrey Sztorc

Newtown Lane

See Similar Deals
Retail3,800 SF
Sold 09/25/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,697
Total Square Footage:3,800 SF
Transaction Type:Sale

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

Hal Zwick
14 deals$149M volume(631) 678-2460
BROKER

Jeffrey "Jeff" Sztorc
Compass
13 deals$135.9M volume
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: Hal Zwick, Robert Zecher & Jeffrey Sztorc DATE: 9/25/2025 ADDRESS: 36 Newtown Lane MARKET: East Hampton ASSET TYPE: Retail BUYER: Robert Zecher BROKERS: Hal Zwick (@HamptonsCommercialRE) & Jeffrey Sztorc (@TheSztorc) - Compass (@Compass) SALE PRICE: $6,450,000 SF: 3,800 ~ PPSF: $1,697

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$22,915.49
Cash-on-Cash Return-1.27%
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