Mott Management Acquires Two Buildings In Valley Stream, New York For $2.3M
137-147 South Franklin Avenue
Mixed-use
14,736 SF
14,736 SF
Sold 1 year ago
Summary
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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137-147 South Franklin Avenue
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