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SVN Negotiates $6.7M Sale of Retail Property in New York

CVS-Red-Hook-NY

Located along North Broadway in Red Hook, N.Y., the retail property is net leased to CVS/pharmacy.

RED HOOK, N.Y. — Sperry Van Ness | Realty Three Advisors has arranged the sale of a retail property located along North Broadway in Red Hook. Allef Main St Partners LLC purchased the building from MC Red Hook NY Landlord LLC for $6.7 million. The free-standing property is net leased to CVS/pharmacy. Patricia Posillico, Lorriane O’Hara and Aric Schachner of Sperry Van Ness | Realty Three Advisors represented the buyer, while Marcus & Millichap represented the seller in the transaction.

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