Northeast Capital Group Acquires Retail Property In West Haverstraw For $26.5M

Located at 32 Zugibe Ct. in West Haverstraw, this retail property was recently sold in a closed transaction. The transaction took place on July 15, 2022, and the property was purchased by Northeast Capital Group from the sellers Mark Holdings & Paragon Realty Group. The property spans an area of 156,000 square feet and was sold for a total price of $26,500,000, resulting in a price per square foot of $169.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $26,500,000
• Square Feet: 156,000
• Price per Square Foot: $169
• Address: 32 Zugibe Ct.
• Market: West Haverstraw

The sale of the property was facilitated by Jose Cruz and J.B. Bruno from JLL Capital Markets, who represented both the buyer, Northeast Capital Group, and the sellers, Mark Holdings & Paragon Realty Group. Their expertise in the retail market and extensive network played a crucial role in closing this transaction successfully.