111 Depot Realty LLC Acquires Retail Property In Huntington Station For $4.05M With Schuckman Realty

A retail property located at 111 Depot Road in Huntington Station was sold for $4,050,000. The asset spans 1.24 acres and is currently leased to CVS for an additional 11 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,050,000
• Buyer: 111 Depot Realty LLC
• Seller: 7024 Queens Boulevard LLC
• Broker: Matthew Colantonio - Schuckman Realty

The transaction was facilitated by Schuckman Realty's Matthew Colantonio, who represented both the buyer and seller in this all-cash deal. The sale overcame challenges posed by rising interest rates and current market conditions.