A newly constructed retail property in North Bellmore has offered for $4.888 million.
KPK RE, LLC, an entity registered to a Poughkeepsie-based actual property investor, bought the newly constructed 2,580-square-foot comfort retailer at 2663 Jerusalem Ave. on the nook of Bellmore Street that’s leased to a 7-Eleven.
The 7-Eleven, which additionally has 4 gasoline pumps, opened in Oct. 2021. The property was previously occupied by an auto restore store, an Additional gasoline station and ET Customized Millwork.
The sale worth equates to a 4.5 p.c cap charge.
Neil Schorr of Schorr Properties purchased the location for $1.9 million in Dec. 2020 after which redeveloped it into the 7-Eleven.
Harmanak Singh of R New York Realty represented the customer, whereas vendor Schorr was self-represented within the gross sales transaction.