North Village brokers ACE Hardware in Rockville Centre after 100 years of family ownership
A long-held retail property in Rockville Centre has sold for $3.125 million.
The property had been owned by the same family since 1925, according to a broker on the deal. The building is 90 percent vacant after the main tenant Ace Hardware closed last month. The other tenant, Fitness Showroom, remains in operation.
The buyer plans a full-scale renovation including a new façade and upgraded retail units, aiming to reposition the property.
The buyer was self-represented, while Tom Bigansky and Alex Sobel of North Village Realty represented the seller, Raven Family Real Estate, in the sales transaction.
“This transaction underscores the continued strength of Nassau County’s retail market and the demand for well-located assets with real redevelopment potential,” Bigansky told LIBN. “After nearly 100 years under the same family’s ownership, we’re proud to be the brokers who facilitated this transition and helped bring new investment to such a visible Rockville Centre property. The plans for renovation will not only reposition the asset but will also deliver a meaningful improvement to the corridor and the surrounding community.”
Dime Holdings, a Nassau County-based commercial real estate investment group, purchased the 5,400-square-foot retail building on .29 acres at 313-323 Sunrise Highway.
Originally published in Long Island Business News – December 2nd, 2025