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Eliou Family Acquires Retail Property On Fulton Avenue From Josh Agus For $3.1M

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SOLD
$3,100,000

New York

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Retail4,208 SF
Sold 03/30/2026
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Property Image
SOLD

Eliou Family Acquires Retail Property On Fulton Avenue From Josh Agus For $3.1M

730 Fulton Avenue

See Similar Deals
Retail4,208 SF
Sold 03/30/2026
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$736
Total Square Footage:4,208 SF
Transaction Type:Sale

This retail property located at 730 Fulton Avenue in Hempstead was sold for $3,100,000. The asset features a total area of 4,208 square feet, and has a price per square foot of $736. The property is currently 100% occupied by two national tenants on long-term leases, further enhanced by the presence of a drive-thru.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,100,000
  • Square Footage: 4,208
  • Price Per Square Foot: $736
  • Address: 730 Fulton Avenue
  • Market: Hempstead
  • Buyer: Eliou Family
  • Seller: Josh Agus
  • Broker Representatives: Scott Plasky & William Stephan - Marcus & Millichap

Scott Plasky and William Stephan represented the transaction, acting on behalf of both the buyer, Eliou Family, and the seller, Josh Agus. The asset is strategically located directly down the street from Hofstra University, making it a notable property in the local retail market.

Players

William "Billy" Stephan
39 deals$236.5M volume
BROKER

Scott Plasky
Marcus & Millichap
78 deals$406.4M volume(212) 430-5229
BROKER

Details

SOLD
IMAGE: Scott Plasky & William Stephan DATE: 3/30/2026 ADDRESS: 730 Fulton Avenue MARKET: Hempstead ASSET TYPE: Retail BUYER: Eliou Family SELLER: Josh Agus BROKERS: Scott Plasky (@PlaskyRetailGroup) & William Stephan (@BillyStephan_MM) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $3,100,000 SF: 4,208 ~ PPSF: $736 NOTE FROM BROKER: Two-tenant, 100% occupied retail property located on Fulton Avenue directly down the street from Hofstra University. This is the rare Long Island retail asset with two national tenants, both on long-term leases, and a drive-thru. Reach out to broker for similar retail product in Metro NYC.

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
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