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
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