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
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