Hildreth Real Estate Advisors Acquires Retail Property In Hauppauge For $1.62M
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This Retail property located in NY was sold for $1,620,000 about 2 years ago.
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- Location676 Motor Pkwy, Hauppauge, New York 11717, United States
- Sale Price$1,620,000$305 PPSF
- Area5,300 SF
- Asset TypeRetail
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Deal Summary
SALE
IMAGE: Max Padway , David Shorenstein, Jason Breitstone & Yair Sarraf
DATE: 01/25/2022
ADDRESS: 676 Motor Pkwy.
MARKET: Hauppauge
ASSET TYPE: Retail
BUYER: Hildreth Real Estate Advisors - David Shorenstein (@Shoreshot1), Jason Breitstone (@Jabstone), Max Padway (@Max_Padway) & Yair Sarraf (@YMSRealEstate)
SELLER: Mark S.Eghrari
SALE PRICE: $1,620,000
SF: 5,300 ~ PPSF: $305
NOTE FROM BUYER: This off-market transaction is being acquired at an 8.7% going-in cap rate.
HREA is actively seeking multi-tenant retail properties – please send new deals to [email protected]
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