facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Sale

/

2200 Smithtown Avenue

Triple H Construction Inc Acquires Retail Property At 2200 Smithtown Avenue For $5 Million
SOLDRetail

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

Desmond Mullins

Broker

$19.3M

vol

5 deals

Broker

Ronkonkoma Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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