908 Straight Path

  • $1735000
Closed Deal Sold

908 Straight Path

908 Straight Path, West Babylon, NY, USA
  • $1735000
The Retail property located in New York that spans 9,650 square feet sold for $1,735,000 or $179.8 PSF. The deal closed 1 month and 18 days ago. The brokers of the deal were Desmond Mullins

Building Info

  • Units:
  • Property Type: Retail
  • Square Feet: 9650

Location

  • Address 908 Straight Path, West Babylon, NY, USA
  • City New York
  • State/county New York
  • Zip/Postal Code 11704
  • Country United States

Description

SALE
IMAGE: Max Padway, David Shorenstein, Jason Breitstone & Yair Sarraf
DATE: 10/14/2021
ADDRESS: 908 Straight Path
MARKET: Long Island
ASSET TYPE: Retail

BUYER: Hildreth Real Estate Advisors – David Shorenstein (@ShoreShot1), Jason Breitstone (@JaBstone), Max Padway (@Max_Padway) & Yair Sarraf (@YMSRealEstate)
SELLER: Vincent Zito
BROKER: Desmond Mullins – Industry One

SALE PRICE: $1,735,000
SF: 9,650 ~ PPSF: $179

NOTE FROM BUYER: HREA is acquiring the retail center for $180/SF at a going in 7%+ cap rate – the asset projects to stabilize at a 10%+ cap upon minimal lease-up.

Contact

Experts

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Senior Managing Director
Senior Managing Director
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Associate Director
Associate Director
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Associate Director
Associate Director
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Vice President
Vice President
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Sr. Managing Director
Sr. Managing Director
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Managing Director
Managing Director
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Real Estate Agent
Real Estate Agent
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Licensed Real Estate Salesperson
Licensed Real Estate Salesperson
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Licensed Real Estate Salesperson
Licensed Real Estate Salesperson
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Investment Sales Specialist
Investment Sales Specialist
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Investment Sales Advisor
Investment Sales Advisor
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Senior Managing Director
Senior Managing Director
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Senior Managing Director
Senior Managing Director
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Vice President of Investment Sales
Vice President of Investment Sales
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Founder/President
Founder/President
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Licensed Real Estate Salesperson
Licensed Real Estate Salesperson
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Vice Chairman
Vice Chairman
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Managing Director
Managing Director

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Desmond Mullins
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