Lifestyles Sports Purchases Retail Property In Farmingdale From Safavieh Family For $3.65M
110 Broadhollow Road
$3,650,000
$197/SF
Building Size
18,500 SF
Asset Type
Retail
Closing
Dec 1, 2025
About this deal
AI
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.
On the Map
$3,650,000
$197/SF
Retail
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Players
Farmingdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93