Koenigsberg and Osadchuk of American Investment Props. represent $1.825m sale

Ron Koenigsberg and Anna Osadchuk of American Investment Properties exclusively represented the sale of the Dunkin Donuts shopping center on New York Ave. The 5,500 s/f strip center was sold for $1.825 million. The transaction equated to a capitalization rate of 7.5%. Unlike many investment properties currently available to purchasers, the Dunkin' Donuts shopping center exemplifies American's ability to showcase a property's true value. Specializing in providing investors with quality properties such as 1888 New York Ave., a typical American property is sure to provide strong tenants, soaring rent rolls and substantial lease escalations. With most properties selling at capitalization rates of 8% and above, Huntington Station has broken the mold and reset a standard in today's market. Specializing in the sale of strip centers and shopping centers allowed American Investment Properties to utilize their experience and understanding of the local markets to consummate the sale. The property is located at 1888 New York Ave. and is anchored by Dunkin' Donuts. Tenants also include a deli, a premier dry cleaner and beauty salon. This exclusive opportunity al­lowed Koenigsberg and Osadchuk to market and negotiate the sale of 1888 New York Ave. with the best outcome for the buyer and seller. The buyer is a New York City-based investor. The seller is a local developer and real estate owner.