Guarino of ERG Property Advisors brokers sale of 10,000 s/f retail building-$636,000

According to ERG Property Advisors, the firm has closed on the sale of 275 Hempstead Tpke. The property is located on the corner of Hempstead Tpke. and Maplewood St. in Nassau County. The property is a two-story retail building with 3 garages. It is 10,000 s/f and is situated on a 12,240 s/f lot. The building sold for $636,000 or $60 per s/f. The property is located near many national tenants including McDonalds, 7-11, Jiffy Lube, Stop and Shop and Mandee Stores. Richard Guarino represented buyer and seller. ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales, retail leasing, and strategic consulting. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles.