Agus Holdings Acquires Retail Property In Hempstead For $1.25M
SOLD
$1,250,000
New York
See Similar DealsRetail3,000 SF
Sold 03/28/2023
SOLD
Agus Holdings Acquires Retail Property In Hempstead For $1.25M
692 Fulton Ave Hempstead, NY 11550, USA
See Similar DealsRetail3,000 SF
Sold 03/28/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$416
Total Square Footage:3,000 SF
Transaction Type:Sale
Agus Holdings, consisting of Adam Agus, Bruce Herman, and Meyer Tawil, has acquired a retail property located at 692 Fulton Avenue in Hempstead. This marks their third acquisition on this block. The property spans 3,000 square feet and was sold by Max Brusso for a total price of $1,250,000, resulting in a price per square foot of $417.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,250,000
- Address: 692 Fulton Avenue
- Market: Hempstead
- Buyer: Agus Holdings - Adam Agus, Bruce Herman & Meyer Tawil
- Seller: Max Brusso
- Square Footage: 3,000
- Price per Square Foot: $417
Please note that Agus Holdings is actively seeking acquisition opportunities in the NY/NJ markets. For further information, you can reach out to [email protected].
Players
BUYER
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65
Is there something missing? Send suggestions