Randy Mohabir Purchases Retail Center At 180-196 Sunrise Highway Lindenhurst For $2.8M
180-196 Sunrise Highway, Lindenhurst
$2,800,000
$394/SF
Building Size
7,100 SF
Asset Type
Retail
Closing
Sep 11, 2026
About this deal
AI
The property asset involved in the transaction is a multi-tenant retail center located at 180-196 Sunrise Highway, Lindenhurst. The sale price was $2,800,000 for a property that encompasses 7,100 square feet and is situated on approximately 0.58 acres. The site features 100% leasing occupancy and includes nearly 200 feet of highway frontage along with 34 on-site parking spaces, accommodating a diverse mix of food, service, and retail tenants.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,800,000
- Square Footage: 7,100 SF
- Price Per Square Foot: $394
- Buyer: Randy Mohabir
- Seller: Andrew Weingarten
- Buyer's Representative: Michael Lightcap - Douglas Elliman
- Seller's Representatives: Daniel Abbondandolo, Joegy Raju & Robert Kuppersmith - Cushman & Wakefield
The Cushman & Wakefield’s Long Island Investment Sales team represented the seller in this transaction. The center boasts a strong positioning at a signalized corner, which enhances its visibility and accessibility in the market.
On the Map
$2,800,000
$394/SF
Retail
View full map
Players
East Northport Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Joegy Raju to view all their deals.
Browse East Northport retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93