facebook
Traded Co logo
Submit

Peter Parktoo Purchases Retail Building From Sal Parmegiano For $1.6 Million In Roslyn Heights

Property Image
SOLD
$1,600,000

New York

See Similar Deals
Retail4,695 SF
Sold 07/24/2025
the dealplayerscompscontact
Property Image
SOLD

Peter Parktoo Purchases Retail Building From Sal Parmegiano For $1.6 Million In Roslyn Heights

177 Mineola Avenue

See Similar Deals
Retail4,695 SF
Sold 07/24/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$340
Total Square Footage:4,695 SF
Transaction Type:Sale

The property asset involved is a two-story free-standing retail building located at 177 Mineola Avenue, situated in the market of Roslyn Heights & Long Island. The sale price of the property was $1,600,000, and it encompasses a total square footage of 4,695, resulting in a price per square foot of $340.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,600,000
  • Address: 177 Mineola Avenue
  • Market: Roslyn Heights & Long Island
  • Square Footage: 4,695
  • Price per Square Foot: $340
  • Buyer: Peter Parktoo
  • Seller: Sal Parmegiano
  • Broker Representatives: Luca DiCiero & Giuseppe Gregorio - NY Space Finders

The transaction involved key individuals, with Peter Parktoo taking on the role of the buyer and Sal Parmegiano as the seller. The brokers representing the parties in this transaction were Luca DiCiero and Giuseppe Gregorio from NY Space Finders, facilitating the deal for both sides.

Players

Luca DiCiero
151 deals$124.3M volume(347) 242-0353
BROKER

Giuseppe Gregorio
NY Space Finders
51 deals$30.8M volume
BROKER

NY Space Finders
BROKERAGE

Details

SOLD
IMAGE: Luca DiCiero & Giuseppe Gregorio DATE: 7/24/2025 ADDRESS: 177 Mineola Avenue MARKET: Roslyn Heights & Long Island ASSET TYPE: Retail (2 Story Free Standing Building) BUYER: Peter Parktoo SELLER: Sal Parmegiano BROKERS: Luca DiCiero & Giuseppe Gregorio (@GiuseppeGregorio) - NY Space Finders (@NYSpaceFinders) SALE PRICE: $1,600,000 SF: 4,695 ~ PPSF: $340

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$85,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80