Ismail Ozcan Acquires Medical Office Portfolio In Long Island For $9.2M

The sale of five medical office assets in Long Island has been completed for a total price of $9,200,000. The properties include three stand-alone buildings and two collections of commercial condominiums. The buyer, Ismail Ozcan, acquired the assets from Medical Arts Radiology. The transaction was facilitated by brokers Sean Slattery and Ben Tapper from Lee & Associates. The portfolio spans a total of 28,141 square feet, resulting in a price per square foot of $326.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $9,200,000
• Address: 55 Veterans Memorial Hwy., 179 Little East Neck Rd., 240 Patchogue-Yaphank Rd., 381 East Main Street & 375 East Main Street, Long Island
• Buyer: Ismail Ozcan
• Seller: Medical Arts Radiology
• Brokers: Sean Slattery & Ben Tapper - Lee & Associates
• Square Footage: 28,141
• Price Per Square Foot: $326

This transaction involved five medical office assets and was completed with the participation of Ismail Ozcan as the buyer and Medical Arts Radiology as the seller. The deal was successfully facilitated by brokers Sean Slattery and Ben Tapper from Lee & Associates.