Rahul Nabe Acquires Mixed-use Property In Westbury For $3.55M

Located at 157-161 Post Avenue in Westbury, NY 11590, this mixed-use property was recently sold for a price of $3,550,000. The transaction took place on 03/25/2022 and involved the buyer, Rahul Nabe, and the seller, Philip Bonaddonna. The property, built in 2016, encompasses a total area of 14,565 square feet and consists of 10 apartments and 3 retail store fronts. With a price per unit of $355,000 and a price per square foot of $243, this fully occupied mixed-use asset offers a lucrative investment opportunity in the Westbury market.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $3,550,000
• Address: 157-161 Post Avenue, Westbury, NY 11590
• Market: Westbury
• Units: 10
• Price per Unit: $355,000
• Square Footage: 14,565
• Price per Square Foot: $243
• Buyer: Rahul Nabe
• Seller: Philip Bonaddonna
• Brokers: Luca DiCiero & Giuseppe Gregorio - NY Space Finders

This successful transaction was facilitated by the broker representatives Luca DiCiero and Giuseppe Gregorio from NY Space Finders. Their expertise and negotiation skills ensured a smooth closing for both the buyer and the seller.