Hardev Singh Purchases Retail Property In Richmond Hill Queens From Frederick Dorgler For $3.17M
94 02 116th Street
$3,170,000
$598/SF
Building Size
5,300 SF
Asset Type
Retail
Closing
Jan 14, 2026
About this deal
AI
A retail property located at 94-02 116th Street in Richmond Hill, Queens, was sold for $3.17 million. The property encompasses 5,300 square feet, translating to approximately $598 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,170,000
- Address: 94-02 116th Street
- Market: Richmond Hill, Queens
- Square Footage: 5,300
- Price per Square Foot: $598
- Buyer: Hardev Singh
- Seller: Frederick Dorgler
- Sale Date: 01/14/2026
The buyer, Hardev Singh, completed the purchase of the property from seller Frederick Dorgler. The transaction closed on January 14, 2026.
On the Map
$3,170,000
$598/SF
Retail
View full map
Players
South Richmond Hill Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Hardev Singh to view all their deals.
Browse South Richmond Hill retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93