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Hildreth Real Estate Advisors Acquires Retail Property In Hauppauge For $1.62M

676 Motor Parkway

This Retail property located in NY was sold for $1,620,000 about 2 years ago.

The retail property located at 676 Motor Pkwy. in Hauppauge has been sold. The sale transaction took place on 01/25/2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,620,000
  • Square Footage: 5,300
  • Price per Square Foot: $305
  • Address: 676 Motor Pkwy., Hauppauge
  • Market: Hauppauge

The buyer, Hildreth Real Estate Advisors, represented by David Shorenstein, Jason Breitstone, Max Padway, and Yair Sarraf, acquired the property from the seller, Mark S.Eghrari. The purchase was made at an 8.7% going-in cap rate.

Hildreth Real Estate Advisors is actively searching for multi-tenant retail properties. For new deals, please contact them at [email protected].

View Related

  • Location
    676 Motor Pkwy, Hauppauge, New York 11717, United States676 Motor Pkwy, Hauppauge, New York 11717, United States
  • Sale Price
    $305 PPSF$305 PPSF
  • Area
    5,300 SF5,300 SF
  • Asset Type


Deal Summary

SALE IMAGE: Max Padway , David Shorenstein, Jason Breitstone & Yair Sarraf DATE: 01/25/2022 ADDRESS: 676 Motor Pkwy. MARKET: Hauppauge ASSET TYPE: Retail BUYER: Hildreth Real Estate Advisors - David Shorenstein (@Shoreshot1), Jason Breitstone (@Jabstone), Max Padway (@Max_Padway) & Yair Sarraf (@YMSRealEstate) SELLER: Mark S.Eghrari SALE PRICE: $1,620,000 SF: 5,300 ~ PPSF: $305 NOTE FROM BUYER: This off-market transaction is being acquired at an 8.7% going-in cap rate. HREA is actively seeking multi-tenant retail properties – please send new deals to [email protected]


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