Massey Knakal’s Special Asset Strategy Group is pleased to announce the sale of a corner retail building at 1570 New York Avenue, located at the intersection of New York Avenue (aka Route 110) and East 11th Street in Suffolk County’s Huntington Station, was sold in an all cash transaction valued at $425,000.
The single story retail property is approximately 3,895 square feet and sits on a 132’ x 130’ lot. The lot benefits from side and rear parking and 132 feet of frontage on New York Avenue. The sale price equates to $109 per square foot.
“We were able to achieve a short sale due to the cooperation from a lender and the property owners,” said Massey Knakal Director of Sales Lev Kimyagarov who exclusively handled this transaction with the assistance of Massey Knakal’s Special Asset Strategy Group.
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Neighborhoods: Nassau County