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

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SOLD
$4,600,000
Michael Tuccillo
Matthew Klang

New York

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Retail10,400 SF
Sold 03/11/2024
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SOLD

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

175 Bay Shore Road

See Similar Deals
Retail10,400 SF
Sold 03/11/2024
Michael Tuccillo
Matthew Klang
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$442
Total Square Footage:10,400 SF
Transaction Type:Sale

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:

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].

Players

Matthew Klang
Marcus & Millichap
Matthew Klang
5 deals$47M volume
BROKER
Michael Tuccillo
Marcus & Millichap
Michael Tuccillo
27 deals$582.4M volume
BROKER

Details

SOLD
IMAGE: Matthew Klang, Michael Tuccillo, Adam Daniels & Aaron Daniels DATE: 03/11/2024 ADDRESS: 175 Bay Shore Road MARKET: Deer Park ASSET TYPE: Retail SELLER: Aaron Daniels (@Aaron_Daniels), Adam Daniels (@Adam_Daniels) & Arya Adelipour - AD Real Estate Investors BROKERS: Michael Tuccillo (@TheTuccilloGroup) & Matthew Klang - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $4,600,000 SF: 10,400 ~ PPSF: $442 NOTE FROM BROKER: The Tuccillo Group of Marcus & Millichap @thetuccillogroup successfully represented AD Real Estate Investors in the disposition of Bay Shore Commons. ADRE is actively looking to trade-up and acquire larger shopping centers and multifamily properties throughout New York and the East Coast. For further inquiries please reach out to [email protected]

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