Kristy Naddell Of Douglas Elliman Represents Buyer In 12120 New Suffolk Avenue Sale For $11.2M
12120 New Suffolk Avenue
$11,200,000
$1,493/SF
Building Size
7,500 SF
Asset Type
Single Family
Closing
Nov 1, 2025
AI
The property asset involved in this transaction is a single-family home located at 12120 New Suffolk Avenue in Cutchogue, which sold for $11,200,000. The home encompasses 7,500 square feet, resulting in a price per square foot of $1,493. This sale set a new residential sales record for the North Fork and represents the highest-ever single-family home sale in the Town of Southold.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $11,200,000
- Address: 12120 New Suffolk Avenue
- Market: Cutchogue
- Square Footage: 7,500
- Price per Square Foot: $1,493
- Buyer's Representative: Kristy Naddell - Douglas Elliman
- Seller's Representatives: Bridget Elkin & Eric Elkin - Compass
Key individuals involved in this deal include Kristy Naddell, who represented the buyer, and Bridget Elkin along with Eric Elkin, who represented the seller in this transaction.
Players
Cutchogue Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.42%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93