FOR IMMEDIATE RELEASE
February 07, 2023
Gottlieb of Schuckman Realty Facilitates Sale of Two Long Island Gas Station Properties
Rockville Centre, NY; Schuckman Realty is pleased to announce the sale of two Long Island Gas Station Properties. The properties are in Farmingdale and Westbury.
The Farmingdale property located at 566 Fulton Street, Farmingdale, NY 11735, sold for $2,300,000. The property consists of an 1,800 SF Building on 8,000 SF lot, currently operating as a Mobil gas station and convenience store.
The Westbury property located at 864 Carman Avenue, Westbury, NY 11590 sold for $2,800,000. The property consists of a 1,200 SF Building on a 16,000 SF lot and is currently operating as a Mobil Gas Station and Bolla Market.
Edward Gottlieb, CRX, CLS of Schuckman Realty represented the seller in both transactions, which closed on December 31, 2022.
“The buyer of both properties was looking to take advantage of accelerated depreciation while maintaining a market cap rate with long term tenants.” Mr. Gottlieb noted.
Edward Gottlieb, CRX, CLS. is an associate real estate broker who focuses on the sale, leasing, and development of retail gas stations throughout the New York Metropolitan Area.
Mr. Gottlieb has three gas stations in Queens and Brooklyn under contract expected to close later this year.
Contact Edward if you own a gas station property for a free property analysis at: email@example.com.
About Schuckman Realty Inc.: Schuckman Realty is a full service commercial real estate services firm serving New York City, Long Island, New Jersey, and the surrounding tri-state area. Schuckman has developed a reputation as a leading retail broker and developer in the New York Metro area, with special expertise in developments, redevelopments, and renovations in all Five Boroughs of New York City and Long Island. As a strategic planner of retail stores, shopping centers and boutique projects, Schuckman has been responsible for tens of millions of square feet of leasing and development and has been hired by numerous national retail chains to facilitate macro–market penetration. We attribute our success to our intimate team’s proficiency in market analysis and site planning, in addition to tireless dedication and extensive experience from both sides of the table.
Keywords: Long Island Business, Retail Gas Stations, Convenience Store News, Business News, Real Estate, Schuckman Realty, Long Island Real Estate, New York Real Estate, Retail News, Gas Station Owners, Gas Station Operators, Investment Sales