Updated Oct 28, 2024
Vozi Realty Acquires Retail Property In Hampton Bays For $4M
270 West Montauk Highway
$4,000,000
$1,000/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Sep 14, 2022
About this deal
AI
A retail property located at 270 West Montauk Highway in Hampton Bays has been sold for $4,000,000. The property spans across 2.6 acres and encompasses 4,000 square feet of space, resulting in a price per square foot of $1,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 270 West Montauk Highway
- Market: Hampton Bays
- Acres: 2.6
The buyer of the property is Vozi Realty, while the seller is Deja Vu All Over Again. The deal was facilitated by JLL as the brokers representing both parties.
Players
Hampton Bays Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93