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Meiru Li Acquires Retail Property At 65 Atlantic Ave. In Southern Nassau For $1.8M

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SOLD

New York

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Sold 06/02/2022
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SOLD

Meiru Li Acquires Retail Property At 65 Atlantic Ave. In Southern Nassau For $1.8M

65 Atlantic Ave southernassau

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Sold 06/02/2022
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Summary

NEW YORK
Transaction Type:Sale

North Village Realty is pleased to announce the sale of 65 Atlantic Avenue, a retail property located in Southern Nassau. The property was sold for $1,800,000, with a total square footage of 3,000 and a price per square foot of $600.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,800,000
  • Square Footage: 3,000
  • Address: 65 Atlantic Ave.
  • Market: Southern Nassau

The buyer of the property was Meiru Li, while the seller was Simon Field. Thomas Bigansky from North Village Realty represented both parties as the broker for the deal.

The sale of 65 Atlantic Avenue resulted in a 5% cap rate, with slightly over 2 years remaining on the corporate guaranteed lease from 7-Eleven. For more information or a complimentary valuation on your property, please contact Thomas Bigansky at [email protected].

Players

2 deals$1.8M volume
SELLER

Details

SOLD
IMAGE: Thomas Bigansky DATE: 06/02/2022 ADDRESS: 65 Atlantic Ave. MARKET: Southern Nassau ASSET TYPE: Retail BUYER: Meiru Li SELLER: Simon Field BROKER: Thomas Bigansky (@ThomasBigansky) - North Village Realty (@NorthVillageRealty) SALE PRICE: $1,800,000 SF: 3,000 ~ PPSF: $600 NOTE FROM BROKER: North Village Realty is pleased to have represented the landlord in the sale of 65 Atlantic Avenue. The property traded at a 5% cap rate with slightly over 2 years left on the corporate guaranteed lease from 7-Eleven. For a complimentary valuation on your property, please contact Thomas Bigansky at [email protected].

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