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Brandler Family Purchases Retail Property At 596 Franklin Avenue From Colin Family For $9.7M

Property Image
SOLD
$9,700,000
Michael Tuccillo
Michael Kook
Kenton Kim

New York

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Retail4,856 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Brandler Family Purchases Retail Property At 596 Franklin Avenue From Colin Family For $9.7M

596 Franklin Avenue

See Similar Deals
Retail4,856 SF
Sold
Michael Tuccillo
Michael Kook
Kenton Kim
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1997
Total Square Footage:4856 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail space located at 596 Franklin Avenue in Franklin Square, NY. The sale price for the property was $9,700,000, featuring a total area of 4,856 square feet, which equates to a price per square foot of approximately $1,997.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,700,000
  • Square Footage: 4,856
  • Address: 596 Franklin Avenue
  • Market: Franklin Square

The deal was facilitated by brokers Michael Kook, Michael Tuccillo, and Kenton Kim from Marcus & Millichap. The buyers were the Brandler Family, while the sellers were the Colin Family. The Tuccillo Group of Marcus & Millichap, represented by Michael Tuccillo and Kenton Kim, announced the sale and is open to inquiries for similar opportunities on Long Island.

Players

Michael Kook
Marcus & Millichap
Michael Kook
13 deals$98.7M volume(212) 430-5169
BROKER
Michael Tuccillo
Marcus & Millichap
Michael Tuccillo
25 deals$518.2M volume
BROKER
Kenton Kim
Marcus & Millichap
Kenton Kim
1 deal$9.7M volume(646) 805-1414
BROKER

Details

SOLD
IMAGE: Kenton Kim, Michael Tuccillo & Michael Kook DATE: 3/6/2026 ADDRESS: 596 Franklin Avenue MARKET: Franklin Square ASSET TYPE: Retail BUYER: Brandler Family SELLER: Colin Family BROKERS: Michael Kook, Michael Tuccillo (@TheTuccilloGroup) & Kenton Kim - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $9,700,000 SF: 4,856 ~ PPSF: $1,997 NOTE FROM BROKER: The Tuccillo Group of Marcus & Millichap, represented by Michael Tuccillo & Kenton Kim, is proud to announce the sale of 596 Franklin Avenue in Franklin Square, NY. Please reach out for similar opportunities on Long Island.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$517,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$34,462.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,982.95
Annual Debt Service$551,795.38