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508 New York Highway 25

Jason Breitstone And David Shorenstein Of Hildreth Real Estate Advisors Sell Retail Asset In Aquebogue For $1.53M
SOLDRetail

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

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:

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.

Players

Michael Murphy

Douglas Elliman

Broker

$94.4M

vol

23 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
David Shorenstein

David Shorenstein

Hildreth Real Estate Advisors

Seller

$187.3M

vol

60 deals

Seller

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