A leading local market presence

RIPCO Investment Sales elevates the RIPCO Advantage with a platform that provides our clients an unmatched local market presence. Unique to the industry, our platform allows us to integrate our expertise and relationships in the retail market with our expertise in the investment sales market to identify value and opportunity for our clients. As we do with retail assets, our investment sales team provides our clients with knowledge and skill in every facet of the commercial real estate sale transaction process and covers a broad range of commercial assets including multifamily, office, industrial, development and self-storage.

RIPCO Real Estate thrives on providing our clients with a highly catered experience. RIPCO is the only leading independent real estate services firm with office locations in all of its trade areas including Queens, Manhattan, Brooklyn, Long Island, New Jersey, Connecticut, and Florida. This allows us to properly service our clients and further emphasize the breadth of our market knowledge.

View Properties for Sale

Notable Transactions

Notable Transactions

37-10 & 37-20 114th Street, Corona, NY

37-10 114th Street is a 217-unit building with several amenity spaces, and 37-20 114th Street is a fully-approved development site with 80,000+ buildable square feet. The sites sit on contiguous lots and were purchased as a package by an investor who plans to use the building and develop the land. Sale Price $50,000,000 Price Per SF $374 Price Per Key $184,0000

90-10 Ditmars Boulevard, East Elmhurst, NY

90-10 Ditmars Boulevard is an existing 288-unitcommercial building which has been shuttered for early five years, and sits on nearly 3.5 acres, located directly across from LaGuardia Airport. Sale Price $53,000,000 Price Per Unit $184,028

138-28 Northern Boulevard, Flushing, NY

This property was a rare sale opportunity as the last undeveloped parcel of scale along this stretch of Northern Boulevard in Flushing. At the time of sale, our team was challenged with a turbulent and conservative market. We were able to procure a buyer at premium pricing with plans to develop the property and close by the end of the year., satisfying ownership's 1031 exchange requirements. Sale Price $48,000,000 Price Per Buildable SF $334

2860 Long Beach Road, Oceanside, NY

A newly renovated medical center leased to OCLI and ProHealth Dental. The site underwent an ~$3M gut renovation in 2019 and spans over an acre, including an on-site parking lot. Sale Price $11,000,000 Price per SF $746 Cap Rate 4.67%

800 Community Drive, Manhasset, NY

A two-story office building located adjacent to Northwell North Shore University Hospital in Manhasset, Long Island. The tenant mix consists of several private and hospital affiliated medical practices. Sale Price $7,680,000 Price Per SF $321 Cap Rate $5.2%

Harbor House | 101 Main Street Safety Harbor, FL

Harbor House, is a three-story, 31,920 SF, mixed-use retail and residential building located in Safety Harbor, Florida. Built in 1926, the historic building was originally developed as the St. James Hotel. The property sold for $8.45M in April, 2023, to an Orlando-based investor who plans to return the building back to its roots with the launch of a boutique hotel.

Northside Square | 29245 US Hwy 19 North Clearwater, FL

Northside Square is a 35,774 SF strip center located on US Highway 19, a major retail corridor in the Tampa Bay MSA. Northside Square is a destination services and retail center that was 98% leased at the time of sale, providing upside with scheduled rent increases and lease up of vacant space. Northside Square sold for $6,350,000, or $177.50 per square foot, in April of 2023.

Alico Commons | 16431 Corporate Commerce Way Fort Myers, FL

Alico Commons is an +11,950 SF retail and medical center located in Fort Myers, Florida. Built in 2021, Alico Commons consists of three national/regional tenants. At the time of sale, the asset provided the buyer 10+ years of weighted-average remaining lease term and a NNN reimbursement structure, giving the investor dependable cash flow with minimal management responsibilities. The property sold for $8.1M in January 2023.

INSA Dispensary | 702 US 27 South Lake Placid, FL

The INSA Dispensary is a 2,341 SF, single tenant retail asset 100% leased to a medical cannabis dispensary. The property was renovated in 2022, at which time the tenant signed a 10-year, absolute NNN lease with annual increases. The property sold in January 2023, for $1,350,000.

Gaffney Plaza | 1401-1431 W Floyd Baker Blvd Gaffney, SC

Gaffney Plaza is a 16,680 SF Walmart-Shadowed Center that was 100% occupied by a mixture of 10 retail and services tenants at the time of sale. The asset is located on a busy retail corridor, adjacent to a Wal-Mart Super Center. This sale gave the buyer a fully stabilized, cash flowing investment with strong national tenants, and the ability to increase cash flow through remaining option periods. The property sold in January 2023, for $4,050,000.

Over 20 years of market knowledge and expertise

Contact an Associate from our Metro New York or Florida offices to learn more about our Investment Sales platform

THE RIPCO ADVANTAGE
We offer a dynamic, comprehensive platform of real estate services to meet the unique and ever-changing demands of the market. Our open internal network, and 360 degree approach to information sharing and broker collaboration, enables us to advise deeply and execute swiftly time and again on behalf of our clients.

PROVEN TRACK RECORD
RIPCO’s Investment Sales team operates from each of our eight offices, offering unparalleled service, with on-the-ground expertise and local market knowledge. The fusion of this service with our deep relationship network has led us to an impressive transaction record. Since entering the capital markets business in 2021, we have successfully transacted on nearly 80 buildings for an aggregate value of approximately $800 million. Our team contributes a wealth of knowledge and experience with over $8 billion worth of career transaction history, expanding across commercial real estate markets in Metro NY and Florida.

CAPITAL MARKETS PLATFORM
Our Capital Markets teams of Investment Sales and Debt & Structured Finance allow our clients to approach their property or portfolio from every angle of the real estate industry, further elevating the RIPCO Advantage to offer a platform that fully incorporates the representation of sellers and buyers in the capital markets.

Contact an Associate from our Metro New York or Florida offices to learn more about our Investment Sales platform

Meet the Team

NYC/NJ/CT

Stephen
R.
Preuss
Vice Chairman, Investment Sales
Kevin
Louie
Vice President, Investment Sales
Kevin
Schmitz
Vice President, Investment Sales
Andreas
Efthymiou
Vice President, Investment Sales
Alex
Svetlakou
Executive Managing Director, Investment Sales
Eddie
Esses
Director, Investment Sales
Brian
Whelan
Executive Managing Director
Mitchel
Flaherty
Executive Managing Director
Robert
Finnerty
Director, Investment Sales
Christian
Marolakos
Director, Investment Sales
Jon
Corbiscello
Managing Director
Casey
Egan
Director, Investment Sales
Jerry
Joseph
Director, Investment Sales
Jon
Winzelberg
Managing Director, Investment Sales
Meet the Team

Florida - National Coverage

Ari
Ravi
Executive Vice President, Investment Sales
Edward
Kemp
Director, Investment Sales
Investment
Sales
FPO
Nathan
Timmons
Investment Sales Associate
Christopher
Luke
Investment Sales Analyst
Jaclyn
Blair
Executive Managing Director, Investment Sales
Chris
Travis
Executive Vice President, Self-Storage
Hunter
Robey
Executive Managing Director, Self-Storage
Jack
Kaiser
Director, Self Storage
Brendan
Lupkes
Associate, Self-Storage

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