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21 South Park Avenue

Christopher Ronald Acquires Retail Property At 21 South Park Avenue From Henry Armen For $1.675M
SOLDRetail

Christopher Ronald Acquires Retail Property At 21 South Park Avenue From Henry Armen For $1.675M

21 South Park Avenue

$1,675,000

$634/SF

Building Size

2,640 SF

Asset Type

Retail

Closing

Dec 9, 2025

AI

The property asset located at 21 South Park Avenue in Rockville Centre is a retail space featuring a total square footage of 2,640. The sale was finalized at a price of $1,675,000, resulting in a price per square foot of $634.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,675,000
  • Buyer: Christopher Ronald
  • Seller: Henry Armen
  • Broker: Tom Bigansky - North Village Realty
  • Date of Sale: 12/10/2025
  • Market: Rockville Centre

Tom Bigansky is associated with North Village Realty, a leading South Shore commercial real estate brokerage, representing the interests of both parties in this transaction.

Players

Tom Bigansky

North Village Realty

Broker

$57.3M

vol

18 deals

Broker
North Village Realty
North Village Realty Brokerage

Rockville Centre Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.47%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93