Eitan Tashman Acquires Retail Building Leased To Circle A Deli From Simkho Aranbaev For $2.65M

305 Rockaway Turnpike is a retail asset sold for $2,650,000. The property encompasses a total area of 1,900 square feet. It features a single-story retail building leased to Circle A deli on a true NNN lease, located at a prime intersection in Lawrence.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,650,000
• Square Footage: 1,900 SF
• Price Per Square Foot: $1,394
• Buyer: Eitan Tashman
• Seller: Simkho Aranbaev
• Brokers: Scott Plasky & William "Billy" Stephan - Marcus & Millichap
• Lease Details: Long-term lease since 2003
• Location: Corner of Rockaway Turnpike and Burnside Avenue, Lawrence

Scott Plasky and William "Billy" Stephan represented the seller Simkho Aranbaev in this transaction. The brokers highlighted the significance of the location, being the most heavily trafficked corner in the area, and encouraged potential interest in similar Metro NYC single and multi-tenant retail opportunities.