Deer Park retail property trades for $2.06M

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1883 Deer Park Ave. Deer Park / Courtesy of American Investment Properties

September 28, 2022

A retail property in Deer Park has sold for $2.06 million. 

The Rakimav family purchased the 7,433-square-foot retail building on .50 acres at 1883 Deer Park Ave. 

The property is 50 percent occupied.

The sale price equates to a 5.82 percent cap rate. 

Ron Koenigsberg of American Investment Properties represented the buyer, as well as the seller, Sandra Stuart Properties LLC, in the sales transaction. 


retail real estate



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Image and article originally from libn.com. Read the original article here.