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

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].