Home Real Estate RIPCO Markets Sale of Freeport Mix-Used Collection 
Real Estate

RIPCO Markets Sale of Freeport Mix-Used Collection 


RIPCO Real Estate has unveiled the listing of The Nautical Mile Collection in Freeport, New York. Priced at approximately $6.8 million, the collection encompasses six properties along Woodcleft Avenue, including waterfront establishments and retail spaces.  

Managed by Gro-Grove Realty Group, the combined square footage totals 20,512, occupying a vast 65,400-square-foot lot, the assemblage also has 430 feet of waterfront frontage. Spearheading the transaction are RIPCO brokers Stephen R. Preuss Sr., Kevin Schmitz, and Andrew LeoGrande.  

“The Nautical Mile Collection is an extremely rare legacy asset owned long-term by one multi-generational family,” said Preuss. “Coupled with the unique size, scale and premier waterfront location, this a one-of-a-kind assemblage opportunity is surely to be of high interest to many investors, users and developers alike.” 



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Real Estate

Memphis Dermon Building Converting to 150-Room Hotel

The Dermon Building in Memphis was built 99 years ago, designed as...

Real Estate

Developer Duo Secures $120M Refi for Charleston Harbor Rental Community

Woodfield Investments and Argosy Real Estate Partners have secured $120 million to...

Real Estate

Bonita Springs Site for 252-Unit Apartment Community

Madison Communities and Heitman have closed a $44 million construction loan for...

Real Estate

$21.5M Loan for Tacoma Apartments Secured by Berkadia

Berkadia has secured financing for the acquisition of The Duo Apartments, a...