Largest Retail Property Sales on Long Island

Exterior of 2160 Jericho Tpke, Commack, NY

1. Freestanding Retail in Commack, NY
Address: 2160 Jericho Tpke, Commack, NY 11725
Sale Date: April 22, 2025
Sale Price: $12,706,195
PSF: $264

Urban Edge Properties sold this freestanding retail neighborhood center located in Commack, NY to Damianos Realty Group LLC. The property traded at a 6.92% cap rate.

This building consists of 48,092 square-feet, is one story tall, and was built in 1975. There are 420 on-site parking spaces for the convenience of shoppers and the building sits on 5.53 acres of land.

This property is located next to the Sunken Meadow State Pkwy and North of the Veterans Memorial Hwy. It is surrounded by several different national credit retail tenants such as Petco, Target, Burlington, Whole Foods Market, Hobby Lobby, and so much more.

2. Storefront Retail/Office Building in East Hampton, NY
Address: 2 Newtown Ln, East Hampton, NY 11937
Sale Date: April 4, 2025
Sale Price: $10,250,000
Price/SF: $2,562.50

Benchmark Real Estate Group sold this storefront retail/office building in East Hampton, NY to an undisclosed buyer. It was reported that at the time of sale the building had a diverse group of tenants occupying the building including the luxury retailer Prada.

This building consists of 4,000 square-feet, is two stories tall, and was built in 1930. It was later renovated in 2012.

This property is surrounded by various other neighborhood retail spaces and amenities such as Bank of America, Capital One Bank, Clothing Stores, Restaurants, Grocery Stores, Parks, and more.

Exterior of 2 Newtown Ln, East Hampton, NY

3. Storefront Retail in Huntington Station, NY
Address: 37 W Jericho Tpke, Huntington Station, NY 11746
Sale Date: May 21, 2025
Sale Price: $6,088,724
Price/SF: $738

Gazza Properties Inc sold this storefront retail building in Huntington Station, NY to Curbline Properties Corp. It was reported that this was a triple net investment and the property traded at a 6% cap rate.

This building consists of 8,248 square-feet, is one story tall, and was built in 1999. There are 21 on-site parking spaces and the building sits on approximately 20,000 square-feet of land.

This property is located on the corner of the busy signalized intersection of W Jericho Tpke and Walt Whitman Rd. It is surrounded by various other neighborhood retail and office spaces such as Target, CVS Pharmacy, Staples, Northwell Health Go-Health Urgent Care, Mavis Discount Tires, The Bryant Restaurant, and more. It is also located just North of the Walt Whitman Mall which has several retail stores.

Exterior of 37 W Jericho Tpke, Huntington Station, NY

4. Fast Food Restaurant in Plainview, NY
Address: 818 Old Country Rd, Plainview, NY 11803
Sale Date: April 3, 2025
Sale Price: $4,572,500
Price/SF: $1,736.61

Old Country 800 Properties LLC sold this McDonald’s in Plainview, NY to McDonald’s Corporation.

This building consists of 2,633 square-feet, is one story tall, and was built in 1993. There are 75 on-site parking spaces and the property has two curb cuts. This property is located just West of the Seaford Oyster Bay Expy and is a short distance away from the Long Island Expy. Old Country Rd receives high daily traffic counts of 39,630 cars per day and this property is in close proximity to the Morton Village Plaza.

Exterior of 818 Old Country Rd, Plainview, NY

5. Storefront Retail/Office in Wyandanch, NY
Address: 2-44 Colonial Springs Rd, Wyandanch, NY 11798
Sale Date: April 23, 2025
Sale Price: $4,450,000
Price/SF: $150.70

Wade Associates, Inc. sold this storefront retail and office building in Wyandanch, NY to Colonial 664 TIC LLC. This property is also known as the Wheatley Hollow Shopping Plaza.

This building consists of 29,528 square-feet, is one story tall, and was built in 2018. There are 156 on-site parking spaces and the property consists of 3 acres of land.

This property is located across from the Mid-Island Day Camp and is located 1.4 miles from the Wyandanch LIRR train station.

Exterior of 2-44 Colonial Springs Rd, Wyandanch, NY

6. Auto Repair Shop in Bethpage, NY
Address: 11 Stewart Ave, Bethpage, NY 11714
Sale Date: May 6, 2025
Sale Price: $4,000,000
Price/SF: $868

Frog Hollow Collision Inc sold this auto repair shop in Bethpage, NY to an undisclosed buyer. The property was reportedly 100% leased at the time of sale and it was also reported that the buyer was interested in the property due to its great investment opportunity.

This building consists of 4,608 square-feet, is one story tall, and was built in 1980. This property is situated between Stewart Ave and Hicksville Rd. It is also located West of the Seaford-Oyster Bay Expy. It is also located South of Hempstead Tpke which has several retail spaces and other auto repair shops.

Exterior of 11 Stewart Ave, Bethpage, NY

7. Applebee’s in Commack, NY
Address: 105 Veterans Memorial Hwy, Commack, NY 11725
Sale Date: April 22, 2025
Sale Price: $3,393,805
Price/SF: $491

Urban Edge Properties sold this Applebee’s in Commack, NY to Damianos Realty Group LLC. The property reportedly traded at a 6.92% cap rate.

This building consists of 6,908 square-feet, is one story tall, and was built in 2017. This Applebee’s is part of a neighborhood center that also has national credit retail tenants such as PetSmart, Taco Bell, Bank of America, and more.

This property is located between Veterans Memorial Hwy and Jericho Tpke. It is located across the street from the Veterans Memorial Plaza.

Exterior of 105 Veterans Memorial Hwy, Commack, NY

8. Freestanding Retail Building in Huntington Station, NY
Address: 19 W Jericho Tpke, Huntington Station, NY 11746
Sale Date: May 21, 2025
Sale Price: $3,361,276
Price/SF: $652

Gazza Properties Inc sold this freestanding retail building in Huntington Station, NY to Curbline Properties Corp. The property reportedly traded at a 6% cap rate and was a triple net investment sale.

This building consists of 5,152 square-feet, is one story tall, and was built in 2013. There are 49 on-site parking spaces and this property has vast frontage on both W Jericho Tpke and New York Ave.

This property is situated next to Walt Whitman Rd which has several retail spaces. Some retail buildings that surround this property include Target, CVS Pharmacy, Staples, Northwell Health Go-Health Urgent Care, Mavis Discount Tires, The Bryant Restaurant, and more. It is also located just North of the Walt Whitman Mall which has several retail stores.

Exterior of 19 W Jericho Tpke, Huntington Station, NY

9. Bank in Hempstead, NY
Address: 31 Main St, Hempstead, NY 11550
Sale Date: May 22, 2025
Sale Price: $3,286,000
Price/SF: $547

Hempstead Main Owner LLC sold this NNN bank in Hempstead, NY to PL 123 REALTY GROUP LLC. The property reportedly traded at a 5.5% cap rate.

This building consists of 6,000 square-feet, is two stories tall, and was built in 1982. There are 25 on-site parking spaces.

This property is located in the heart of Hempstead and is within walking distance to several other retail stores and amenities. It is also located within walking distance to the Hempstead LIRR train station.

Exterior of 31 Main St, Hempstead, NY

10. Funeral Home in Farmingdale, NY
Address: 315 Conklin St, Farmingdale, NY 11735
Sale Date: April 23, 2025
Sale Price: $3,200,000
Price/SF: $293

Arthur F White Funeral Home Inc sold this funeral home in Farmingdale, NY to Sci Georgia Funeral Services LLC.

This building consists of 10,905 square-feet and was built in 1961. This property is located in a prime location near Main St in Farmingdale, NY which has several neighborhood retail, restaurants, and office spaces. It is also located within a short distance from the Farmingdale LIRR train station.

Exterior of 315 Conklin St, Farmingdale, NY

Buying or Selling a Commercial Property on Long Island?

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.