Exterior of 559 Middle Country Rd, Saint James, NY
1. Auto Dealership in Saint James, NY
Address: 559 Middle Country Rd, Saint James, NY 11780
Sale Date: October 8, 2024
Sale Price: $15,000,000
PSF: $803
Magee Associates LLC sold this auto dealership in Saint James, NY to JS 559 MCR LLC.
The building consists of 18,686 square-feet, is one story tall, and it sits on 4.38 acres of land.
The building has a wide frontage of 621 ft on Arlington Ave and 300 ft on Middle Country Rd. There are 250 on-site parking spaces and Middle Country Rd receives high traffic counts of over 26,000 cars per day.
This property is located close to the Smith Haven Mall, several other auto dealerships, and major roadways such as the Smithtown Bypass.
2. Portfolio of 6 Retail Buildings in Montauk, NY
Address: 484 W Lake Dr, Montauk, NY 11954
Sale Date: October 21, 2024
Sale Price: $13,763,978
Price/SF: $497
Bob Gosman Co Inc sold this portfolio of retail buildings in Montauk, NY to 484 W Lake Dr LLC.
The total building combined building size in this portfolio is 27,682 square-feet. The properties are a combination of retail/offices and standard retail buildings. This portfolio of buildings is surrounded by various Montauk amenities such as hotels, marinas, and restaurants and bars. It is also located a short distance away from the Montauk train station and the Montauk airport.
Research on this portfolio sale is still currently in progress.
Exterior of 484 W Lake Dr, Montauk, NY
3. Gosman’s Restaurant in Montauk, NY
Address: 500 W Lake Dr, Montauk, NY 11954
Sale Date: October 21, 2024
Sale Price: $13,063,995
Price/SF: $809
Gosman’s Restaurant & Bar Inc sold this restaurant in Montauk, NY to 500 W Lake Dr LLC.
The building consists of 16,152 square-feet, is two stories tall, and sits on 1.30 acres of land.
The building has a vast frontage of 181 ft on W Lake Dr and is surrounded by various Montauk amenities. These amenities include several hotels, marinas, and restaurants and bars. It is also located a short distance away from the Montauk train station and the Montauk airport.
Exterior of 500 W Lake Dr, Montauk, NY
4. Freestanding Retail Building in Southampton, NY
Address: 120 N Sea Rd, Southampton, NY 11968
Sale Date: November 4, 2024
Sale Price: $6,500,000
Price/SF: $670
116 North Sea Road Corp sold this freestanding retail building in Southampton to Red Horse Market. The property was reportedly vacant at the time of sale.
The building consists of 9,700 square-feet, is one story tall, and was built in 1960. It was later renovated in 1985. The building has a frontage of 291 ft on North Sea Rd.
There are 48 on-site parking spaces and the building sits on 1.25 acres of land.
This property is located near several neighborhood retail and amenities located on Main St. It is also located near the Southampton train station and near several bus stops for the 92 bus line.
Exterior of 120 N Sea Rd, Southampton, NY
5. Retail Strip Center in Franklin Square, NY
Address: 1202-1214 Hempstead Tpke, Franklin Square, NY 11010
Sale Date: October 31, 2024
Sale Price: $3,900,000
Price/SF: $493
Mgm Plaza Realty LLC sold this retail strip center in Franklin Square, NY to Equinox Venture 4 LLC.
This retail strip center consists of 7,910 square-feet, is one story tall, and was built in 1992. There is 132 ft of frontage on Hempstead Tpke and the property has 25 on-site parking spaces. The tenants located in this strip center at the time of sale were a laundromat, Chinese food restaurant, a nail salon, a foot spa, a barber shop, and a Dominican food restaurant.
This property is located near several other retail spaces and major roadways such as Franklin Ave. It is also located a short distance away from the Stewart Manor train station.
Exterior of 1202-1214 Hempstead Tpke, Franklin Square, NY
6. Auto Dealership in Saint James, NY
Address: 587 E Jericho Tpke, Saint James, NY 11780
Sale Date: October 8, 2024
Sale Price: $3,561,565
Price/SF: $157
November Properties LLC sold this auto dealership in Saint James, NY to JS 559 MCR LLC. This property was sold as part of a portfolio.
The building consists of 22,731 square-feet, is one story tall, and has a ceiling height of 26 ft. There is 165 ft of frontage on Middle Country Rd and there are 50 on-site parking spaces.
The building sits on 4.50 acres of land and the building is zoned for C6. This property is surrounded by various other auto dealerships and is located close to the Smith Haven Mall.
Exterior of 587 E Jericho Tpke, Saint James, NY
7. Veterinarian in Westbury, NY
Address: 609-5 Cantiague Rock Rd, Westbury, NY 11590
Sale Date: October 11, 2024
Sale Price: $3,500,000
Price/SF: $285.95
Time Equities, Inc. sold this veterinarian/kennel in Westbury, NY to WestburyVCA, LLC. The building was reportedly fully-occupied at the time of sale and traded at a 6.55% cap rate.
This building consists of 12,240 square-feet, is one story tall, and was built in 1981. The ceiling height is 16 ft, there are 33 on-site parking spaces, and the building sits on 0.81 acres of land.
This property is located near the Northern State Pkwy, Jericho Tpke, and the Wantagh State Pkwy.
Exterior of 609-5 Cantiague Rock Rd, Westbury, NY
8. Retail Storefront in Southampton, NY
Address: 471 County Road 39, Southampton, NY 11968
Sale Date: October 18, 2024
Sale Price: $3,000,000
Price/SF: $617
Sweeneys Auto & Marine Upholstery sold this retail storefront building in Southampton, NY to an undisclosed buyer. The property was reportedly vacant at the time of sale.
This building consists of 4,860 square-feet, is two stories tall, and was built in 1995. It has 179 ft of frontage on County Rd 39 and there are 20 on-site parking spaces.
This property is situated between County Rd 39 and Sebonac Rd. It is located a short distance from the heart of Southampton which has several retail spaces, restaurants, and more.
Exterior of 471 County Road 39, Southampton, NY
9. Storefront Retail Building in Oyster Bay, NY
Address: 15-29 Berry Hill Rd, Oyster Bay, NY 11771
Sale Date: October 2, 2024
Sale Price: $2,800,000
Price/SF: $250
Dwl Holdings LLC sold this retail storefront building in Oyster Bay, NY to BERRY HILL PLAZA LLC. The building was reportedly 80% occupied at the time of sale and traded at a 5.88% cap rate.
This building consists of 11,210 square-feet, is two stories tall, and was built in 2005. It has 190 ft of frontage on South St & Berry Hill Rd with 2 curb cuts. There are 18 on-site parking spaces and the building is located on a corner location with 0.41 acres of land.
This property is located under 1 mile from the Oyster Bay train station and is located a short distance from several retail amenities on Pine Hollow Rd.
Exterior of 15-29 Berry Hill Rd, Oyster Bay, NY
10. Retail Storefront in Hicksville, NY
Address: 320 S Broadway, Hicksville, NY 11801
Sale Date: October 17, 2024
Sale Price: $2,600,000
Price/SF: $580
Hicksville Veterans Association Inc sold this retail storefront building in Hicksville, NY to 320 S Broadway LLC.
This building consists of 4,480 square-feet, is one story tall, and has 147 ft of frontage on South Broadway. There are 26 on-site parking spaces and the building sits on 0.66 acres of land.
This property is located near Newbridge Rd and is a short distance from the Hicksville LIRR train station. It is surrounded by various neighborhood retail spaces such as Big Lots, the UPS Store, Chevrolet dealership, Walgreens, IHOP, and so much more.
Exterior of 320 S Broadway, Hicksville, NY
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American Investment Properties (AIP) Inc., was founded by Ron Koenigsberg on July 4th, 2001. AIP specializes in the sale and acquisition of commercial real estate on Long Island. Participating in over $2 billion worth of property sales to date, AIP is a well-known and highly respected name in the Long Island commercial real estate community.
