SOLD: Long Island Gas Station – Smithtown, NY via Bankruptcy Auction

Bid Deadline: June 3, 2016
Auction Date: June 9, 2016
Minimum Bid: $1,525,000

Situation Overview

Keen-Summit Capital Partners has been engaged by Chapter 7 Trustee, Robert L. Pryor, as the exclusive broker to sell the gas station property located at 303 Maple Avenue, Smithtown, NY.

Area Overview

The site is located at the corner of Maple Avenue and Route 111, also known as Smithtown Islip Road, in a predominantly commercial and residential area.

Project Document

303 Maple – Sale Order Ex. A – Bidding Procedures

303 Maple – Sale Order

303 Maple Ave – Auction Date Flyer

303 Maple Ave – Setup


Property Highlights

Formerly branded as a Sunoco Station

Land Use:
Gas Station

Fueling Stations:
4 pumps, providing 8 fueling stations

One 6,000 gallon tank and t
wo 8,000 tanks, all double-wall fiberglass

Retail Fuel & Service Station / Zoned “NB”, Neighborhood Business District

Additional Improvements:
Snack shop and three auto-repair service bays


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