Exterior of 128 Main St, Port Washington, NY
1. Storefront Retail in Port Washington
Address: 128 Main St, Port Washington, NY 11050
Sale Date: November 15, 2023
Sale Price: $8,800,000
Price/SF: $1,746
At this location is a retail storefront composed of just over 5,000 square-feet. This building is two stories tall and was built in 1930. This property was sold by Nancy Famiglietti and was purchased by the Port Washington Police District.
The property was fully-occupied at the time of sale and provides 13 on-site parking spaces. This property has over 50 ft of frontage on Main St which experiences traffic counts of 23,902 cars per day.
2. Strip Center in Sayville, NY
Address: 4830-4848 Sunrise Hwy, Sayville, NY 11782
Sale Date: December 20, 2023
Sale Price: $5,300,000
Price/SF: $241
This retail strip center located on Sunrise Hwy in Sayville was sold by John & Eva Pappas Realty and was purchased by Polke Sunrise Hwy LLC.
This strip center was fully leased at the time of sale and was traded at a 6.9% cap rate. The building was built in 1989, is composed of 22,000 square-feet, and is one story tall.
There are 130 on-site parking spaces for the convenience of shoppers and this property has over 270 ft of frontage on Sunrise Hwy. American Investment Properties is proud to say we represented the seller on this transaction.
Exterior of 4830-4848 Sunrise Hwy, Sayville, NY
3. Restaurant in Bridgehampton, NY
Address: 95 School St, Bridgehampton, NY 11932
Sale Date: December 22, 2023
Sale Price: $4,350,000
Price/SF: $1,111
This restaurant in Bridgehampton was sold by Bluefield LLC and was purchased by 95 Street Owner LLC.
This property was occupied at the time of sale and sold at a 4.1% cap rate. The building is composed of just under 4,000 square-feet, is two stories tall, and was built in 1975.
This property is located just off of Montauk Hwy and is 0.5 miles from the Bridgehampton train station.
Exterior of 95 School St, Bridgehampton, NY
4. Freestanding Retail Building in Brentwood, NY
Address: 400 Suffolk Ave, Brentwood, NY 11717
Sale Date: October 20, 2023
Sale Price: $4,000,000
Price/SF: $375
Cardiovascular Associates of Flushing sold this freestanding retail building to Bolla Market.
This building was built in 2003 and is one story tall. It is located on a corner property and there are 73 on-site parking spaces.
This property is located near the Sagtikos Pkwy and the Brentwood train station.
Exterior of 400 Suffolk Ave, Brentwood, NY
5. Retail Building in Montauk, NY
Address: 95 Carl Fisher Plz, Montauk, NY 11954
Sale Date: December 18, 2023
Sale Price: $3,700,000
Price/SF: $860
The seller and purchaser of this retail building in Montauk are undisclosed at this time.
The building consists of 4,300 square-feet and was built in 1970. It is composed of one story and this building sits on 0.15 acres of land.
This property is located in the heart of Montauk surrounded by various other retail and amenities. It is also just minutes from the Montauk train station.
Exterior of 95 Carl Fisher Plz, Montauk, NY
6. Storefront Retail in Sag Harbor, NY
Address: 11 Madison St, Sag Harbor, NY 11963
Sale Date: October 25, 2023
Sale Price: $3,700,000
Price/SF: $1,216
The Estate of Scott Weiss sold this storefront retail building to Hildreth Real Estate Advisors. The building was delivered vacant at sale.
The building was built in 1989, is two stories tall, and is composed of just over 3,000 square-feet.
This property is surrounded by various other neighborhood retail and amenities and is located within walking distance of a public parking lot.
Exterior of 11 Madison St, Sag Harbor, NY
7. 7-Eleven in Merrick, NY
Address: 203 Sunrise Hwy, Merrick, NY 11566
Sale Date: December 20, 2023
Sale Price: $3,700,000
Price/SF: $1,673
Equitas Investments sold this 7-Eleven to an undisclosed buyer. The property traded at a 5% cap rate.
The building is composed of 2,211 square-feet and was built in 1971. It is one story tall and is considered to be a Class B building.
Sunrise Hwy experiences high traffic counts of 48,777 cars per day and this property is located near the Meadowbrook State Pkwy and the Merrick train station.
Exterior of 203 Sunrise Hwy, Merrick, NY
8. Retail Building in Lake Grove, NY
Address: 2810 Middle Country Rd, Lake Grove, NY 11755
Sale Date: November 22, 2023
Sale Price: $3,400,000
Price/SF: $447
Bolinda Corp sold this retail building to STF Ronkonkoma LLC. The building was delivered vacant at the time of sale.
This building was built in 1975, is one story tall, and is composed of 7,600 square-feet.
The property has 230 ft of frontage on Middle Country Rd. It is located 1.2 miles from the Smith Haven Shopping Mall.
Exterior of 2810 Middle Country Rd, Lake Grove, NY
9. Retail Department Store in Floral Park, NY
Address: 100 Jericho Tpke, Floral Park, NY 11001
Sale Date: October 6, 2023
Sale Price: $3,100,000
Price/SF: $387.50
Direct Beauty sold this department store in Floral Park to 100 Jericho LLC. The building was 100% leased at the time of sale.
The building is composed of 8,000 square-feet and is one story tall. It was built in 1926.
Jericho Tpke experiences high traffic counts and the property has 82 ft of frontage on Jericho Tpke. This property is also located under a half mile from the Floral Park train station.
Exterior of 100 Jericho Tpke, Floral Park, NY
10. Retail Storefront in Farmingville, NY
Address: 1100 Portion Rd, Farmingville, NY 11738
Sale Date: December 26, 2023
Sale Price: $2,800,000
Price/SF: $280
Mascolo & Sons Enterprises sold this retail storefront building to an undisclosed buyer.
The building was reportedly fully-occupied at the time of sale and is composed of 10,000 square-feet.
It is one story tall and has 51 on-site parking spaces. The building has 100 ft of frontage on Portion Rd. This property is located near Nicolls Rd.
Exterior of 1100 Portion Rd, Farmingville, NY
Buying or Selling a Commercial Property on Long Island?
Contact us at 516-393-2300 or submit your message here.
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.
