Hydronic Supply Acquires Retail Asset In Commack For $1.625 Million With Buyer's Rep Marissa Cosentino
SOLD
$1,625,000
New York
See Similar DealsRetail5,132 SF
Sold 06/18/2025
SOLD
Hydronic Supply Acquires Retail Asset In Commack For $1.625 Million With Buyer's Rep Marissa Cosentino
2077 Jericho Turnpike
See Similar DealsRetail5,132 SF
Sold 06/18/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$316
Total Square Footage:5,132 SF
Transaction Type:Sale
The retail property located at 2077 Jericho Turnpike in Commack has been sold for $1,625,000. Covering an area of 5,132 square feet, the sale price equates to $316 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,625,000
- Address: 2077 Jericho Turnpike
- Market: Commack
- Buyer: Hydronic Supply
- Buyer's Representative: Marissa Cosentino - Scout Realty Group
- Square Footage: 5,132
- Price Per Square Foot: $316
The transaction was facilitated by Marissa Cosentino, representing Hydronic Supply in the deal through Scout Realty Group, ensuring that the buyer's interests were effectively managed during the procurement of the retail asset.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,773.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,703.33
Annual Debt Service$92,439.95
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