Menailaos Samaras Acquires Commercial Asset In East Islip For $2.22 Million With Rep Sara Golan
117 West Main Street
$2,222,000
$310/SF
Building Size
7,150 SF
Asset Type
Mixed-use
Closing
Feb 19, 2026
AI
The property located at 117 West Main Street, also known as 117 W Montauk Highway, is a commercial asset situated in East Islip. The transaction concluded at a sale price of $2,222,000. The asset encompasses 7,150 square feet, with a price per square foot of $310. It has a total lot size of 24,600 square feet, equivalent to approximately 0.56 acres.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $2,222,000
- Units: 7
- Price Per Unit: $317,429
- Square Feet: 7,150
- Price Per Square Foot: $310
- Lot Size: 24,600 SF
- Acres: 0.56
- Buyer: Menailaos Samaras
- Buyer’s Representative: Sara Golan & Menailaos Samaras - Serhant
- Seller’s Representative: Amanda Gordon - Silber Investment Properties
The seller was represented by Amanda Gordon of Silber Investment Properties. Menailaos Samaras represented himself and was also supported by Sara Golan of Serhant during the acquisition, which serves to expand Samaras' portfolio of retail and automotive assets throughout Brooklyn, Long Island, and Upstate New York. With over 26 years of experience, Samaras specializes in residential, commercial, and mixed-use properties.
Players
East Islip Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.14%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93