Ripco And RPS Capital Management Acquire Retail Property In Woodbury, Long Island For $11.3M
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This Retail property located in NY was sold for $11,325,000 about 1 year ago. The brokers of the deal were Stephen R. Preuss Sr., Christian Allimonos, Andreas Efthymiou, and Robert Sharfstein
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- Location7920 Jericho Tpke
- Sale Price$11,325,000$2,323 PPSF
- Area4,875 SF
- Asset TypeRetail
- Parties4 Brokers, 2 Agencies
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Deal Summary
SALE
IMAGE: Stephen R. Preuss Sr., Christian Allimonos, Andreas Efthymiou & Robert Sharfstein
DATE: 02/01/2023
ADDRESS: 7920 Jericho Tpke
MARKET: Woodbury, Long Island
ASSET TYPE: Retail
BROKERS: Stephen R. Preuss Sr. (@RipcoInvestmentSales), Christian Allimonos (@Christian.Allimonos_CRE) & Andreas Efthymiou (@Andreas.E_investment_sales) - Ripco (@RipcoRealEstate); & Robert Sharfstein - RPS Capital Management LLC
SALE PRICE: $11,325,000
SF: 4,875 ~ PPSF: $2,323
CAP RATE: 4.37%
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7920 jericho tpke
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