Speedway Sells Retail Property At 1285 Sunrise Highway In Copiague For $1,725,000 With Solly Dweck As Buyer's Rep
1285 Sunrise Highway
$1,725,000
$375/SF
Building Size
4,598 SF
Asset Type
Retail
Closing
Jun 10, 2026
AI
The asset involved in the transaction is a retail property located at 1285 Sunrise Highway in Copiague. The sale price was $1,725,000, and the property encompasses a total of 4,598 square feet, resulting in a price per square foot of $375.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,725,000
- Address: 1285 Sunrise Highway
- Market: Copiague
- Seller: Speedway
- Buyer's Representative: Solly Dweck - Encore NYC
- Square Footage: 4,598
- Price Per Square Foot: $375
The successful closing of this transaction was represented by Solly Dweck from Encore NYC, who collaborated closely with all parties involved. The agent noted an enthusiasm for continuing to seek retail investment and redevelopment opportunities throughout New York, New Jersey, and beyond.
Players
Copiague Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93