facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Sale

/

500 Old Country Road, Hicks...

George Wong Acquires Retail Property In Hicksville For $3.9M
SOLDRetail

George Wong Acquires Retail Property In Hicksville For $3.9M

500 Old Country Road, Hicksville, New York 11801, United States

$3,900,000

$178/SF

Building Size

21,915 SF

Asset Type

Retail

Closing

Feb 24, 2022

AI

The retail property located at 500 W. Old Country Rd. in Hicksville was recently sold for $3,900,000. The property spans a total of 21,915 square feet, resulting in a price per square foot of $177. The sale took place on February 25, 2022. Yorlyn Lopez captured an image of the property, showcasing its features and potential.

Summary of Transaction Details:

  • Property Type: Retail
  • Sale Price: $3,900,000
  • Square Footage: 21,915
  • Price Per Square Foot: $177
  • Market: Hicksville

George Wong acted as the buyer in this transaction. Yorlyn Lopez, representing The Corcoran Group, served as the buyer's representative. The buyer's attorney in the deal was Daniel Shirazi.

Players

Yorlyn Lopez

The Corcoran Group

Broker

$3.9M

vol

1 deal

Broker

Hicksville 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

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93