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Lifestyles Sports Purchases Retail Property In Farmingdale From Safavieh Family For $3.65M

Property Image
SOLD
$3,650,000
Stu Fagen
Jesse Moss
Jimmy Aug

New York

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Retail18,500 SF
Sold 12/01/2025
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Property Image
SOLD

Lifestyles Sports Purchases Retail Property In Farmingdale From Safavieh Family For $3.65M

110 Broadhollow Road

See Similar Deals
Retail18,500 SF
Sold 12/01/2025
Stu Fagen
Jesse Moss
Jimmy Aug
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$197
Total Square Footage:18,500 SF
Transaction Type:Sale

The property asset sold is a retail space located at 110 Broadhollow Road in Farmingdale, consisting of 1.39 acres. It has a total square footage of 18,500 and was transacted for $3,650,000, resulting in a price per square foot of $197.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,650,000
  • Address: 110 Broadhollow Road
  • Market: Farmingdale
  • Square Footage: 18,500
  • Price Per Square Foot: $197
  • Buyer: Lifestyles Sports
  • Seller: Safavieh family
  • Buyer's Representative: Jesse Moss - Oxford Property Group
  • Seller's Representatives: Jimmy Aug & Stu Fagen - Sabre Real Estate Group

Lifestyles Sports is a company led by its second generation, and with this purchase, it aims to expand by tripling its production space to enhance capacity and service all of Long Island.

Players

Stu Fagen
Sabre Real Estate Group
Stu Fagen
3 deals$18M volume
BROKER
Jesse Moss
Oxford Property Group
Jesse Moss
1 deal$3.7M volume(631) 804-8872
BROKER
Jimmy Aug
Sabre Real Estate Group
Jimmy Aug
1 deal$3.7M volume
BROKER
Oxford Property Group
Oxford Property Group
BROKERAGE
Sabre Real Estate Group
Sabre Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Jesse Moss, Stu Fagen & Jimmy Aug DATE: 12/01/2025 ADDRESS: 110 Broadhollow Road MARKET: Farmingdale ASSET TYPE: Retail ~ ACRES: 1.39 BUYER: Lifestyles Sports SELLER: Safavieh family BUYER'S REP: Jesse Moss - Oxford Property Group (@OxfordSpireGroup) SELLER'S REP: Jimmy Aug & Stu Fagen - Sabre Real Estate Group (@Sabre_Advisors) SALE PRICE: $3,650,000 SF: 18,500 ~ PPSF: $197 NOTE: Lifestyles Sports, led by its second generation, is expanding with the $3.65M purchase of an 18,500-square-foot Farmingdale property, tripling its production space to boost capacity and serve all of Long Island.

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

$194,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,967.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,302.86
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