SOLD
Hildreth Real Estate Advisors Acquires Retail Property In Hauppauge For $1.62M
676 Motor Parkway
Retail
5,300 SF
5,300 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
5,300 sqft
The retail property located at 676 Motor Pkwy. in Hauppauge has been sold. The sale transaction took place on 01/25/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,620,000
- Square Footage: 5,300
- Price per Square Foot: $305
- Address: 676 Motor Pkwy., Hauppauge
- Market: Hauppauge
The buyer, Hildreth Real Estate Advisors, represented by David Shorenstein, Jason Breitstone, Max Padway, and Yair Sarraf, acquired the property from the seller, Mark S.Eghrari. The purchase was made at an 8.7% going-in cap rate.
Hildreth Real Estate Advisors is actively searching for multi-tenant retail properties. For new deals, please contact them at [email protected].
Details
SOLD
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]View on map
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Address676 Motor Parkway
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