Debabrata Banerjee Acquires Nassau Retail Property For $3.375M With Buyer's Rep Daniel Abbondandolo & Melissa Naeder

Located at 66 Bayview Avenue in Manhasset, Nassau, this retail property was recently sold in a closed transaction. The property spans 3,475 square feet, with a price per square foot of $971. The asking price for the property was $3,500,000, and it was ultimately sold for $3,375,000. The cap rate for this transaction was 4.86%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,375,000
• Address: 66 Bayview Avenue, Manhasset, Nassau
• Market: Manhasset, Nassau
• Square Footage: 3,475
• Price per Square Foot: $971
• Asking Price: $3,500,000
• CAP Rate: 4.86%

Debabrata Banerjee was the buyer of this retail property, while the Cosentino Family acted as the seller. Daniel Abbondandolo and Melissa Naeder, representing @CushWake, served as the buyer's representatives in this transaction. Stefanie Cosentino and Stefani D'amato, from Cosentino Realty, acted as the seller's representatives.