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

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SOLD
$8,450,000

New York

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Single Family Residence6,000 SF
Sold 09/12/2025
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Property Image
SOLD

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

49 Jericho Road

See Similar Deals
Single Family Residence6,000 SF
Sold 09/12/2025
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Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,408
Total Square Footage:6,000 SF
Transaction Type:Sale

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
3 deals$83.4M volume(631) 235-9611
BROKER

Martha Gundersen
Douglas Elliman
3 deals$83.4M volume(631) 405-8436
BROKER

Douglas Elliman
BROKERAGE

Josh Flagg
19 deals$190.4M volume
BUYER

Details

SOLD
IMAGE: Josh Flagg & Rob Zecher DATE: 9/12/2025 ADDRESS: 49 Jericho Road MARKET: East Hampton ASSET TYPE: SFR ~ SF: 6,000 BUYER: Josh Flagg SELLER: Rob Zecher SELLER'S REP: Martha Gundersen (@MarthaGundersenLuxuryBroker) & Paul Brennan (@PaulBrennanRealEstate) - Douglas Elliman (@Vault_Developmentpartners) SALE PRICE: $8,550,000 SF: 6,000 ~ PPSF: $1,425

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

$450,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,021.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,057.31
Annual Debt Service$480,687.73