John Crokos Acquires Mixed-Use Property In Valley Stream For $1.875M

The mixed-use property located at 396-404 Rockaway Avenue in Valley Stream, Nassau has been sold in a closed transaction. The property consists of 4 retail stores and a warehouse, with a total of 8,300 square feet. The property was listed with an asking price of $1,950,000 and was ultimately sold for $1,875,000, resulting in a price per square foot of $225. Each retail store and the warehouse were sold individually for a price of $375,000.

Summary of transaction details:

• Property Type: Mixed-use
• Asking Price: $1,950,000
• Sale Price: $1,875,000
• Square Footage: 8,300
• Price per Square Foot: $225
• Number of Units: 4 Retail Stores & Warehouse
• Price per Unit: $375,000

Steve Birbach was the seller of the property, while John Crokos was the buyer. The transaction was facilitated by Daniel Abbondandolo and Michael Florey, representing CushWake.