facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Single Family Residence

/

Lease

/

27 Rivers Road

Richard Nassimi & Daniela DeGrazia Of Douglas Elliman Arrange Lease For SFR In East Hampton
LEASEDSingle Family Residence

Richard Nassimi & Daniela DeGrazia Of Douglas Elliman Arrange Lease For SFR In East Hampton

27 Rivers Road

$150,000

$150,000/SF

Building Size

5,000 SF

Asset Type

Single Family Residence

Closing

Aug 20, 2024

AI

The property involved in this lease transaction is a single-family residence located at 27 Rivers Road in East Hampton. The asset has a square footage of 5,000 and is being leased at a rate of $240 per square foot. This is categorized as a Single Net Lease.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: 240/ft
  • Square Footage: 5,000
  • Address: 27 Rivers Road
  • Market: East Hampton
  • Lease Type: Single Net Lease
  • Brokers: Richard Nassimi & Daniela DeGrazia (Daniela609) - Douglas Elliman The Nassimi Team
  • Note: OFF Market Deal

The key individuals involved in the transaction are Richard Nassimi and Daniela DeGrazia, both of whom are representatives from Douglas Elliman, specifically from The Nassimi Team. Their roles contributed to facilitating this off-market deal.

Players

Richard Nassimi

Douglas Elliman

Broker

$56.4M

vol

34 deals

Broker

East Hampton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

105.75%

Cash-on-Cash

-30.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93