Josh Flagg Purchases SFR On Jericho Road From Rob Zecher For $8.55M With Seller's Reps
49 Jericho Road
$8,450,000
$1,408/SF
Building Size
6,000 SF
Asset Type
Single Family Residence
Closing
Sep 11, 2025
AI
The property asset involved in the transaction is a single-family residence located at 49 Jericho Road, East Hampton, with a total square footage of 6,000. The property was sold for $8,550,000, resulting in a price per square foot of $1,425.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,550,000
- Address: 49 Jericho Road
- Market: East Hampton
- Square Footage: 6,000
- Price per Square Foot: $1,425
- Buyer: Josh Flagg
- Seller: Rob Zecher
- Seller's Representatives: Martha Gundersen & Paul Brennan - Douglas Elliman
This transaction involved key individuals in the real estate market, with the buyer being Josh Flagg and the seller Rob Zecher, who was represented by Martha Gundersen and Paul Brennan from Douglas Elliman. Their participation highlights the roles of experienced agents in facilitating the sale.
Players
East Hampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.88%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93