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19 West Jericho Turnpike

Curbline Purchases Retail Property From Gene Gazza At 19 West Jericho Turnpike For $9.45M
SOLDRetail

Curbline Purchases Retail Property From Gene Gazza At 19 West Jericho Turnpike For $9.45M

19 West Jericho Turnpike

$9,450,000

$705/SF

Building Size

13,400 SF

Asset Type

Retail

Closing

Aug 28, 2025

AI

19 West & 37 West Jericho Turnpike is a retail property located in Huntington Station, featuring a transaction price of $9,450,000 and a total square footage of 13,400, translating to a price per square foot of $705.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,450,000
  • Buyer: Curbline
  • Seller: Gene Gazza
  • Broker: Clem Coté - Sovereign Realty Group
  • Date of Transaction: 8/29/2025

Clem Coté represented Sovereign Realty Group in this transaction, which involved extensive efforts to address misfiled reports at the County, including a detailed three-hour examination of records and outreach to previous tenants. The marketing strategy effectively attracted significant interest from the investor community, leading to multiple offers before selecting the most motivated buyer for the site.

Players

Clem Coté

Sovereign Realty Group

Broker

$55.4M

vol

7 deals

Broker

Huntington Station Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.68%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93