113,000 sf neighborhood shopping center in the main retail corridor for Deer Park, NY, anchored by: ShopRite, (with Wakefern Food Corp guarantee), CVS Drug Store, CityMD, Northwell Health and Jovia Financial. The portfolio sits on 10.4 acres with traffic light controlled main entrance and two other points of egress. Over 800 feet of frontage on Deer Park Avenue/Route 231, a major north south road at Exit 51 of the Long Island Expressway (with over 33,000 vehicles passing the property per day). There are approximately 560 parking spaces at the property.

Select Real Equity Advisors, LLC is pleased to present our Exclusive Offering for The Shoppes of Lake Shore Plaza (”SHOPPES”), the +/-50,408 sf retail strip component of Lake Shore Plaza II (“LSP”), located on Portion Road in Lake Ronkonkoma, Suffolk County, NY. The offering of SHOPPES will be in the form of a condominium with all of LSP’s improvements having their respective interest in the entire LSP condominium. Upon completion of the new Chik-fil-APleas pad, LSP will total +/- 94,911 sf of improvements on +/-12.1 acres with parking for 1,150 cars. SHOPPES is 100% occupied with 5 quality national and regional retailers.

Investment Highlights:

• Rare opportunity to acquire a 100% occupied, desirable Long Island retail center with national and regional tenancy on long term leases; 86% of the property is tenanted by publicly traded companies.
• Structured base rent escalations in place in the leases.
• The SHOPPES offering presents a highly desirable rent WALT of 9.7 years.
• Optimally positioned between two major supermarkets and a full complement of excellent co-anchors drive consumer traffic to the center.
• Strong location with excellent road frontage – desirable area demographics.
• Located within one of NYS’s largest school districts - Sachem CSD - providing a superb and stable consumer base for the retail tenants.
• Constructed in 1998, historically well maintained by ownership.
• Below replacement cost acquisition.
• Delivered free and clear of debt.

Please see the attached Teaser and Confidentiality Agreement for additional information on this investment opportunity. To obtain the full Offering Memorandum, please return your fully executed Confidentiality Agreement via email to the appropriate address below. Kindly contact me to discuss this opportunity in greater detail.

Select Real Equity Advisors, LLC has been retained on an Exclusive Basis to handle the sale transaction for the Chik-fil-A NNN ground lease pad site of Lake Shore Plaza II, located on Portion Road in Lake Ronkonkoma, Suffolk County, NY.

Investment Highlights:

• Chik-fil-A – Corporate guarantied lease from best-in-class tenant
• Zero landlord responsibilities - an ideal, management free investment opportunity for a passive investor.
• NYC MSA Trophy Acquisition - Rare opportunity to acquire a Long Island NNN Ground Lease, Chik-fil-A QSR, equipped with a dual-lane drive-thru.
• Optimally positioned between a ShopRite and a Stop & Shop supermarket with a Regal 9-screen multiplex movie theatre and a full complement of excellent co-anchors driving consumer traffic to the shopping center.
• Strong location with excellent visibility and a traffic count of 22k VPD directly in front of the property.
• Desirable area demographics; 3 mile ring of 97k people with avg HH inc of $150k+. Located in the middle of one of NYS largest school districts and just 1.5 miles to Sachem North High School.
• Access to the center is provided through 4 traffic light-controlled entrances. The Long Island Expressway Exit 60 is only 1.5 miles south.
• The offering of Chik-fil-A will be in the form of a condominium with all LSP’s improvements having their respective interest in the entire LSP condominium.

Please see the attached Chick-fil-A Teaser with Confidentiality Agreement, at the end. Please return your executed Confidentiality Agreement and we will forward the full offering memorandum to you.

The Property:

Superb location for many retail, medical office and neighborhood uses. Located at the N/E/C of 260 East Pulaski Road in Greenlawn at the signalized intersection of Park Avenue. The property is a rectangular +/-1.6 acre property that is zoned C8. The proposed development is expected to yield approximately 16,000 square feet configured in one- or two-story office structures or as a one-story retail center with the potential for an outparcel pad at the TLC intersection of Pulaski and Park. Currently, the property is improved with a +/-2,320 sf one story gable roofed building was constructed in 1964 with 1 drive-thru teller window; Citibank closed their branch at this location as of Feb 2023. The property has multiple points of ingress and egress with 1 curb cut on East Pulaski Road and 2 curb cuts on Park Avenue.

The Location/Area:

The Huntington and Greenlawn communities are very desirable towns on Long Island’s North Shore with strong demographics and offer an excellent balance of business, residential and an established and diverse community. The intersection of East Pulaski and Park serves area residents and businesses by providing easy access thoroughfares to major highways and neighborhoods. Both the Northern State Parkway (3.6 miles) and the Long Island Expressway (5.3 miles) are accessed by travelling south on Park Ave. The affluent community of Huntington Bay (3.5 miles) is directly north of the property, as is Northwell Health/Huntington Hospital (2.3 miles). Long Island’s top rated Huntington Village is located just 2.7 miles to the northwest and the LIRR Huntington station is 1.5 miles from the property; bus transportation is available directly across the street from the property.

The Opportunity:

The quality of this location is extremely desirable as it is the Crossroads to and from the desirable communities of Huntington Bay, Huntington, Greenlawn, Huntington Station and Dix Hills. The Town of Huntington C8 zoning permits for a variety of uses and opportunity exists for alternative developments of medical, retail, financial institutions, restaurants, and office.

Select Real Equity Advisors, LLC is pleased to present our Exclusive Offering for The Center at Centereach located at 1980 Middle Country Road in Centereach, Long Island, New York.  The Center at Centereach is a ± 87,949 square foot retail shopping center located on ± 9.5 acres of land. The property is 100% occupied with 14 tenants in the three one story buildings with parking for 441 cars.

Key Considerations

• Superior Location

The Center at Centereach offers excellent road frontage and site line visibility on Middle Country Road and is located less than 1 mile west of the very well-travelled north/south thoroughfare of Nicolls Road, providing consumers with easy access to and from the Long Island Expressway and NYS Route 347.

The localized Centereach/Lake Grove/Selden marketplace is very active with a strong mix of regional and local retailers, numerous restaurants, medical and professional offices as well as various entertainment venues. The enclosed retail trade area maps will provide an excellent overview of the notable area retailers. The Smith Haven Mall, one of Long Island’s large regional malls, is located just 2 miles west on Middle Country Road in Lake Grove and is recognized as a meaningful driver of area retail consumer demand.

• Strong Demographics

The Center at Centereach is centrally located in the middle of Suffolk County, within what is considered to be, a very desirable, established and strong middle-income area.  The enclosed demographics indicate a three-mile radius population of 103,657 people with an average household income of $153,324.

• Appealing Tenant Mix

The Center at Centereach is operating at 100% occupancy and has consistently maintained a very strong tenancy/occupancy history. The property is anchored with 92% of the Center occupied by quality tenants of national/regional significance. Notable core tenancy such as LA Fitness, Harbor Freight, AutoZone, Starbucks, KFC (as well as others) draw the strong area demographics to the center.  

Excellent Physical Condition

The Center at Centereach was originally constructed in 2001 and has been professionally operated and maintained throughout its history. The purchaser will benefit from the ease of operation, with strong leases that provide for continued responsible management and maintenance. 

• Superior Economic Metrics and Value

The Center at Centereach is operating at 100% occupancy and the enclosed information reflects a Net Operating Income of $2,330,406. The Center is offered free and clear of existing financing at $35,000,000, which reflects a 6.7% capitalization rate.

Select Real Equity Advisors, LLC (“SREA”) has been appointed Exclusive Broker to market for sale a rare opportunity to acquire a multifamily property in The Hamptons known as - Fieldstone at East Hampton, consisting of 20 rental units conveniently located at 515 Montauk Highway (Route 27A), East Hampton, Suffolk County, New York

Investment Highlights

• Fieldstone at East Hampton offers a truly rare opportunity to acquire a multifamily apartment community in The Hamptons, one of the most sought-after asset classes and geographic regions in the entire United States. Affordable rental housing is in very high demand for those employed in the region, as well as those seeking an affordable home base in which to live and play in The Hamptons. The property also has more than ample grade level parking that is very appealing to the tenant base.
• The property had previously operated as a motel and has been converted to multifamily rental by the present ownership who has invested +/-$1,500,000 in a capital improvement program between 2020-2022 including significant interior and exterior renovations with new kitchens and baths, flooring, HVAC, windows, roofs, façade renovations, landscaping, hardscape, parking lot, and an onsite laundry facility.
• Fieldstone is also viewed as highly desirable as it is an open market rental community and is not subject to rent control or stabilization laws.
• Fieldstone is conveniently located on Montauk Highway and is optimally positioned for tenants’ access to area shopping, dining, employment sources and regional amenities including area parks and beautiful beaches.
• Additional value may be created through capitalizing on the rental revenue opportunities in The Hamptons marketplace, introducing storage options in the basements and through renting out the garage that is currently utilized for the AirBNB operations.

Select Real Equity Advisors is pleased to present our Exclusive Offering for the single tenant, NN leased, Goodyear Tire and Rubber property located at 101 Rockaway Turnpike, Lawrence, Nassau County, NY.

LONG TERM OCCUPANCY HISTORY: Goodyear originally executed their lease in1968 and have continually renewed options. The tenant presently pays $237,246 p/a and operates on a 15-year NN lease term that expires on 7/31/2030 with one additional 5 year option. The lease features 10% rental escalation every 5 years with the next base rent increase to $260,620, occurring as of 8/1/2025.

TENANT OVERVIEW: 100% occupied and corporately backed by The Goodyear Tire & Rubber Company with a Standard and Poor’s rating of BB-. Having over 1,000 locations throughout the United States, the Goodyear brand is a household name and is well positioned for long-term success.

IRREPLACEABLE LOCATION: The asset is located within Nassau County’s desirable “Five Towns” at the NWC of the traffic light-controlled intersection of Rockaway Turnpike and East Avenue in Lawrence, NY and is in very close proximity to the Belt Parkway, Southern State Parkway and Sunrise Highway. The location is very close to the Queens border and JFK International Airport. The traffic count is very strong with 55,276 VPD passing by the site. Retailers in the area include Lowe’s Home Improvements, Stop & Shop, Target, Costco, LA Fitness, Chick-fil-A and many others in this high traffic and desirable location. There are 209,499 people living within 3 miles of the property earning an average annual income of $126,384.

THE PROPERTY: The Goodyear building is a one-story structure of +/-7,700 square feet with 8 service bays on +/-.34 acres and was completed in 1970 with recent improvements of +/-$600,000. occurring in 2015, when the tenant extended their lease.

Please contact us to receive additional details regarding this quality investment opportunity.

Two-story brick +/-6,500sf building on +/-.69 acre lot in the heart of the vibrant Babylon Village

NOI: $156,956

■ Class A office building (former bank) built in 1988
■ Two curb cuts (Deer Park Ave. & County Rd
50/ Simon St.)
■ Parking for 32 cars plus drive-thru in place
■ Building is on sewers
■ All tenants pay their own heat
■ Landlord pays electric
■ Building has 1 elevator
■ In close proximity to the Long Island Rail Road
Babylon station, downtown Babylon,
restaurants, beaches and Fire Island ferries

± 3,000 SF Single story brick office building. Short walk to the vibrant Huntington Village, many restaurants and national retail stores. The building is on sewers and has gas heating. Private parking behind the building and municipal street parking in front. Great user opportunity and potential to divide into two spaces. 

• +/-18,000 sf Multi Tenant Industrial
• Well leased
• Upside value
• Bohemia / Ronkonkoma marketplace
• Call for pricing

• 3 NNN Walgreens with 10+ yrs of term remaining in each
• Base rent increases in each lease
• Drive thru locations
• Reach out to Ron Kronengold for additional information

• Well located and well leased
• Prime Nassau County Industrial corridor
• +/-30k SF
• Call for pricing

+/- 5  J2 acres, busy retail trade area, excellent car count / visibilty, traffic light controlled intersection

• Value Add Opportunity, National / Regional Tenants
• Good lease terms, escalations and value enhancement
• Delivered free and clear of financing