News

Perfit of Cushman & Wakefield | Pyramid Brokerage Hudson Valley Brokers Sale of Cannie D’s Corner gas station, convenience store and mini mall in Neversink,


Date Posted: December 23, 2015

4 Schumway Rd & RT 55 Neversink

Perfit of Cushman & Wakefield | Pyramid Brokerage Hudson Valley Brokers Sale of Cannie D’s Corner gas station, convenience store and mini mall in Neversink

Sullivan County, NY –According to Steve Perfit, CCIM, SIOR, Senior Executive Director with the Hudson Valley office of Cushman & Wakefield | Pyramid Brokerage Company, Cannie D’s Corner, a gas station, convenience store and neighborhood shopping center at 4 Schumway Road and Route 55 in Neversink, NY, was sold to Mark McLewin and Cristina Aby-Azar. Perfit, who represented the seller, brokered the sale of the business and associated real estate.

Built in 2005 on 2.8 acres, the neighborhood shopping center includes 5,428 square feet of retail stores, gas pumps and approved plans to build an additional 7,000 square feet of retail space. The new owners plan to continue running the convenience store, ice cream shop and gas operation, with future plans to include beer sales after recently obtaining a newly granted beer sales license allowed by the Town of Neversink for the first time in 80 years. They also plan to expand the Center in the future by constructing more retail stores on the site.

The sale price for the businesses and real estate was $1,125,000. Financing was provided by Catskill Hudson Bank and the Sullivan County IDA provided a tax PILOT and incentive package to the new owners.

‹ Back to News