Carderock Acquires Retail Asset From The Benjamin Family In Commack For $12.7M
6090 6136 Jericho Turnpike
$12,700,000
$239/SF
Building Size
53,145 SF
Asset Type
Retail
Closing
Jul 17, 2025
AI
The retail property located at 6090-6136 Jericho Turnpike in Commack was sold for $12,700,000. The asset spans 53,145 square feet, resulting in a price per square foot of $238.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,700,000
- Address: 6090-6136 Jericho Turnpike
- Market: Commack
- Square Footage: 53,145
- Price per Square Foot: $238
- Buyer: Caderock - Jeff Fabrikant & Bobby Rassuli
- Seller: The Benjamin Family
- Brokers: Michael Tuccillo - Marcus & Millichap & Stu Fagen - Sabre Real Estate Group
The transaction was facilitated by Michael Tuccillo of Marcus & Millichap and Stu Fagen of Sabre Real Estate Group, who represented The Benjamin Family in the sale. Their expertise contributed to the successful closing of this retail asset in the Long Island market.
Players
Commack 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
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93