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49 Jericho Road

Josh Flagg Purchases SFR On Jericho Road From Rob Zecher For $8.55M With Seller's Reps
SOLDSingle Family Residence

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

Paul Brennan

Douglas Elliman

Broker

$108.9M

vol

4 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Josh Flagg

Josh Flagg

Buyer

$190.4M

vol

19 deals

Buyer

East Hampton 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

1.88%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93