Elmont retail property sells for $11M

axxis real estate llc

  /  

Oct 1, 2018

A 13,000-square-foot retail building in Elmont has sold for $11 million.

The building, on 1.4 acres at 1797 Dutch Broadway, is net leased to a CVS Drugstore.

Built in 2007, the CVS store on the southwest corner of Dutch Broadway and Tuxedo Drive has a double drive-thru window.

Michael Hagen of Axxis Real Estate represented the buyer, 7814 13th Avenue LLC, which is registered to a Rockville Centre-based investor.

Mark Walsh of Select Real Equity Advisors represented seller Kimco Realty in the sales transaction.

https://libn.com/2018/10/01/elmont-retail-property-sells-for-11m/


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