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Mott Management Acquires Two Buildings In Valley Stream, New York For $2.3M

137-147 South Franklin Avenue
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This Mixed-use property located in NY was sold over 3 years ago. The brokers of the deal were Stephen R. Preuss Sr. and Benjamin "Ben" Efraimov

The property involved in this transaction is a mixed-use building and a vacant office building with parking located at 137-147 S. Franklin Avenue, Valley Stream, New York. The property spans approximately 14,736 square feet and was sold at a price of $2,300,000, resulting in a price per square foot of $156. The cap rate for this transaction is 4.88%. The market for this property is in Nassau County.

Summary of transaction details:

  • Property Type: One Mixed-Use Building and One Vacant Office Building With Parking
  • Transaction Amount: $2,300,000
  • Square Footage: 14,736 sf (Approx.)
  • Price Per Square Foot: $156/SF
  • Cap Rate: 4.88%
  • Market: Nassau County

The seller in this transaction is South Franklin Associates, LLC, while the buyer is Mott Management. The broker involved in this deal is Stephen R. Preuss.

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Deals
  • Location
    137 S Franklin Ave, Valley Stream, NY 11580, USA137 S Franklin Ave, Valley Stream, NY 11580, USA
  • Area
    14,736 SF14,736 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Benjamin "Ben" Efraimov

Benjamin "Ben" Efraimov

Deals5
Sold$16.8M

Stephen R. Preuss Sr.

Stephen R. Preuss Sr.

Deals179
Financed$1.3B

Agencies

Ripco

Ripco

Agency
Deals629
Volume$4.2B

B6 Real Estate Advisors

B6 Real Estate Advisors

Agency
Deals208
Volume$2.3B

Deal Summary

ADDRESS: 137-147 S. Franklin Avenue, Valley Stream CITY: New York MARKET: Nassau County ASSET TYPE: One Mixed- Use Building and One Vacant Office Building With Parking PRICE: $2,300,000 SF: 14,736 sf (Approx.) PPSF: $156/SF CAP RATE: 4.88% SELLER: South Franklin Associates, LLC BUYER: Mott Management BROKER: Stephen R. Preuss ( 4 this month ? ) […]

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137-147 South Franklin Avenue

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