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Paul Volynsky Purchases Retail Property From The Koptiev Family For $1.25M In Hollis

Property Image
SOLD
$1,250,000
William "Billy" Stephan
Scott Plasky

New York

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Retail2,750 SF
Sold 02/25/2025
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Property Image
SOLD

Paul Volynsky Purchases Retail Property From The Koptiev Family For $1.25M In Hollis

246 10 Francis Lewis Boulevard

See Similar Deals
Retail2,750 SF
Sold 02/25/2025
William "Billy" Stephan
Scott Plasky
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$454
Total Square Footage:2,750 SF
Transaction Type:Sale

A retail property located at 246-10 Francis Lewis Boulevard in Hollis has been sold for $1,250,000. The single-story building consists of two units and has a total square footage of 2,750, resulting in a price per square foot of $454. The property is currently 100% occupied, with both retail tenants having operated at this location for over 40 years and working under month-to-month leases.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,250,000
  • Square Footage: 2,750
  • Price Per Square Foot: $454
  • Address: 246-10 Francis Lewis Boulevard
  • Market: Hollis
  • Buyer: Paul Volynsky
  • Seller: The Koptiev Family
  • Broker Representatives: Scott Plasky & William Stephan - Marcus & Millichap

Scott Plasky and William Stephan represented the seller, the Koptiev Family, in the transaction. Their expertise facilitated the sale of this well-established retail asset, which has been a stable source of income due to its long-term tenants.

Players

William "Billy" Stephan
Marcus & Millichap
William Stephan
39 deals$236.5M volume
BROKER
Scott Plasky
Marcus & Millichap
Scott Plasky
78 deals$406.4M volume(212) 430-5229
BROKER

Details

SOLD
IMAGE: Scott Plasky & William Stephan DATE: 02/25/2025 ADDRESS: 246-10 Francis Lewis Boulevard MARKET: Hollis ASSET TYPE: Retail BUYER: Paul Volynsky SELLER: The Koptiev Family BROKERS: Scott Plasky (@PlaskyRetailGroup) & William Stephan (@BillyStephan_MM) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $1,250,000 SF: 2,750 ~ PPSF: $454 NOTE FROM BROKER: Single-story two-unit, 100% occupied retail property located on Francis Lewis Boulevard in Rosedale. Both retail tenants had been at this location for 40+ years, and both tenants were operating on M-T-M leases.

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