Jason Breitstone And David Shorenstein Of Hildreth Real Estate Advisors Sell Retail Asset In Aquebogue For $1.53M
508 New York Highway 25
$1,530,000
$286/SF
Building Size
5,338 SF
Asset Type
Retail
Closing
Oct 15, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 508 Main Rd., Aquebogue, NY. The sale price of the property was $1,530,000, with a total square footage of 5,338, translating to a price per square foot of $286.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,530,000
- Address: 508 Main Rd., Aquebogue, NY
- Square Footage: 5,338
- Price Per Square Foot: $286
- Seller: Jason Breitstone & David Shorenstein - Hildreth Real Estate Advisors
- Broker: Michael Murphy & Kristy Naddell - Douglas Elliman
Jason Breitstone and David Shorenstein represented Hildreth Real Estate Advisors in the sale, emphasizing their ability to deliver strong outcomes in the retail market. The brokerage involved in this transaction included representatives Michael Murphy and Kristy Naddell from Douglas Elliman.
On the Map
$1,530,000
$286/SF
Retail
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Players
Greenport Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.37%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93