Hasan Properties Acquires Retail Space From JPMorgan Chase In Huntington For $2,115,000

The property at 150 Walt Whitman Road in Huntington was sold for $2,115,000. This freestanding retail building, previously owned by JPMorgan Chase, encompasses 4,435 square feet on the ground floor, along with a basement. The transaction price equates to $477 per square foot. Situated at the entrance of the Walt Whitman Shops, the property boasts a prominent location in an affluent trade area with high barriers to entry.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,115,000
• Address: 150 Walt Whitman Road
• Market: Huntington
• Buyer: Hasan Properties
• Seller: JPMorgan Chase
• Brokers: Daniel Abbondandolo & Joegy Raju - Cushman & Wakefield
• SF: 4,435
• PPSF: $477

Cushman & Wakefield's Long Island Investment Sales Team, led by Daniel Abbondandolo, Executive Director, and Joegy Raju, Director, effectively represented JPMorgan Chase in this transaction. The property's sale at 150 Walt Whitman Road signifies a successful deal orchestrated by the brokerage team.