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230-232 Herricks Road, Mine...

Tat Yau Ho Acquires Retail Asset On Herricks Road For $1.5M With Yuvraj Chopra & Shalu Suri As Brokers
SOLDRetail

Tat Yau Ho Acquires Retail Asset On Herricks Road For $1.5M With Yuvraj Chopra & Shalu Suri As Brokers

230-232 Herricks Road, Mineola, Ny, 11501

$1,500,000

$306/SF

Building Size

4,900 SF

Asset Type

Retail

Closing

Nov 19, 2025

AI

The property involved in this transaction is a retail asset located at 230-232 Herricks Road in Long Island. The sale price was $1,500,000, and the property encompasses 4,900 square feet, resulting in a price per square foot of $306.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,500,000
  • Address: 230-232 Herricks Road
  • Market: Long Island
  • Buyer: Tat Yau Ho
  • Seller: Ravinder Chopra
  • Brokers: Yuvraj Chopra & Shalu Suri - Allkey Realty

This transaction was facilitated by Allkey Realty, a full-service brokerage specializing in both commercial and residential sales. The brokerage offers strategic advisory and market expertise, enabling efficient deal execution for buyers and sellers across New York. The brokerage also partners with STI Consultants to provide tailored lending solutions for transactions ranging from $500,000 to $500,000,000.

Players

Yuvraj Chopra

STI Consultants

Broker

$87.6M

vol

10 deals

Broker

Tat Yau Ho

Buyer

$1.5M

vol

1 deal

Buyer
Ravinder (Ravi) Chopra

Ravinder Chopra

Seller

$94.2M

vol

11 deals

Seller
STI Consultants
STI ConsultantsLender

Mineola Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93