Moshe Riesman Purchases CVS Center In Sodus New York For $1.675M With Schuckman Realty Representation

The property asset involved in this transaction is the CVS Center, located at 34 West Main Street, Sodus, NY 14551. The retail space encompasses 26,000 square feet and was sold for $1,675,000, which translates to a price per square foot of $64. At the time of closing, the property was 80% occupied.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,675,000
• Buyer: Moshe Riesman
• Seller: Jim Krohn
• Brokers: Steven Hakakian & John Roos - Schuckman Realty
• Market: Sodus
• Date of Sale: 01/02/2025
• Square Footage: 26,000
• Price Per Square Foot: $64

Schuckman Realty represented both sides of the deal, with John Roos representing the seller and Steven Hakakian representing the buyer. The transaction was notable for the strategic value it presented, including the short-term occupancy vacancy and the long-term CVS lease renewal secured prior to listing the property.