Triple H Construction Inc Acquires Retail Property At 2200 Smithtown Avenue For $5 Million
2200 Smithtown Avenue
$5,000,000
$238/SF
Building Size
21,000 SF
Asset Type
Retail
Closing
Mar 26, 2026
About this deal
AI
The retail property located at 2200 Smithtown Avenue, Ronkonkoma, spans 21,000 square feet and sits on a 2.25-acre lot. The sale concluded with a transaction amount of $5 million, equivalent to $238 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 2200 Smithtown Avenue
- Market: Ronkonkoma
- Acres: 2.25
- Square Footage: 21,000
- Price per Square Foot: $238
- Buyer: Triple H Construction Inc
- Buyer's Representative: Ramy Hassanein - Douglas Elliman
- Seller's Representatives: Jeffrey Schwartzberg, Jason Miller & Desmond Mullins - Premier Commercial Real Estate
Triple H Construction Inc. engaged in this transaction with representation from Ramy Hassanein of Douglas Elliman. The seller was represented by a team from Premier Commercial Real Estate, consisting of Jeffrey Schwartzberg, Jason Miller, and Desmond Mullins.
Players
Ronkonkoma 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93