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190-11 Union Turnpike

Updated Aug 24, 2026

Grigory Shimonov Purchases Retail Property In Fresh Meadows Queens From Seymour Magier For $3.4M
SOLDRetail

Grigory Shimonov Purchases Retail Property In Fresh Meadows Queens From Seymour Magier For $3.4M

190-11 Union Turnpike

$3,400,000

$581/SF

Building Size

5,850 SF

Asset Type

Retail

Closing

Jul 29, 2026

About this deal

AI

Grigory Shimonov purchased a 5,850-square-foot retail property at 190-11 Union Turnpike in Fresh Meadows, Queens, from Seymour Magier for $3.4 million. The transaction represents an outer-borough commercial retail trade executed at $581 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,400,000
  • Address: 190-11 Union Turnpike
  • Market: Fresh Meadows, Queens
  • Square Footage: 5,850
  • Price Per Square Foot: $581
  • Buyer: Grigory Shimonov
  • Seller: Seymour Magier

The transaction highlights the engagement of Grigory Shimonov as the buyer and Seymour Magier as the seller, marking a significant retail acquisition in the Fresh Meadows area. The deal reflects active commercial property interest in the outer boroughs of New York City.

Players

Fresh Meadows Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $581 per square foot on a published $3.4M for 5,850 square feet (2026).

Browse Fresh Meadows retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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