AD Real Estate Investors Sells Retail Asset In Deer Park For $4.6M

The property at 175 Bay Shore Road in Deer Park was sold in a transaction involving AD Real Estate Investors, represented by Aaron Daniels, Adam Daniels, and Arya Adelipour. The sale price for this retail asset was $4,600,000 with a total square footage of 10,400, resulting in a price per square foot of $442.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $4,600,000
• Address: 175 Bay Shore Road
• Market: Deer Park
• Seller: Aaron Daniels, Adam Daniels, and Arya Adelipour - AD Real Estate Investors
• Brokers: Michael Tuccillo and Matthew Klang - Marcus & Millichap

The Tuccillo Group of Marcus & Millichap played a pivotal role in facilitating the transaction for AD Real Estate Investors. ADRE is now actively seeking larger shopping centers and multifamily properties in New York and along the East Coast. For further inquiries, interested parties can reach out to [email protected].