IRA Capital Acquires Manhasset Office Building For $18.15M

The office building located at 1155 Northern Blvd in Manhasset, Nassau County has been sold in a transaction. The property spans 41,500 square feet and was sold for a price of $18,150,000, resulting in a price per square foot of $437. Jourdan Krauss was the seller, while the buyer was IRA Capital represented by Amer F. Kasm and Amer H. Malas.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $18,150,000
• Square Footage: 41,500
• Price per Square Foot: $437
• Address: 1155 Northern Blvd
• Market: Manhasset, Nassau County

The deal was facilitated by brokers Stephen R. Preuss, Kevin Schmitz, and Kevin Louie from Team Preuss at CushWake.