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12120 New Suffolk Avenue

Kristy Naddell Of Douglas Elliman Represents Buyer In 12120 New Suffolk Avenue Sale For $11.2M
SOLDSingle Family

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

Kristy Naddell

Douglas Elliman

Broker

$12.7M

vol

2 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Compass
CompassBrokerage

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