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Eyal Akler And David Abrahimi Acquire Office Property From Yoola Park For $2M In Great Neck

Property Image
SOLD
$2,000,000
Kevin Louie
Stephen R. Preuss Sr.
+ 1

New York

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Office2,400 SF
Sold
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Property Image
SOLD

Eyal Akler And David Abrahimi Acquire Office Property From Yoola Park For $2M In Great Neck

243 Northern Boulevard

See Similar Deals
Office2,400 SF
Sold
Kevin Louie
Stephen R. Preuss Sr.
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$833
Total Square Footage:2400 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 243 Northern Boulevard in Great Neck, categorized as an office space. The sale was executed at a price of $2,000,000 for a total area of 2,400 square feet, resulting in a price per square foot of $833.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $2,000,000
  • Address: 243 Northern Boulevard
  • Market: Great Neck
  • Square Footage: 2,400
  • Price Per Square Foot: $833
  • Buyer: Eyal Akler & David Abrahimi
  • Seller: Yoola Park
  • Buyer's Representative: Stephen R. Preuss Sr., Eric Delafraz & Kevin Louie - Ripco
  • Seller's Representative: Eitan Hakami - Greiner-Maltz Real Estate

The transaction involved key individuals including the buyer representatives Stephen R. Preuss Sr., Eric Delafraz, and Kevin Louie, who are associated with Ripco, while the seller was represented by Eitan Hakami from Greiner-Maltz Real Estate. This outlines the professional connectivity and representation characterizing the transaction.

Players

Kevin Louie
125 deals$1B volume(718) 663-2642
BROKER

Stephen R. Preuss Sr.
Ripco
258 deals$2B volume(718) 663-2639
BROKER

Eric Delafraz
Bridge Advisory Group
20 deals$51.2M volume(516) 477-5951
BROKER

Eitan Hakami
Greiner-Maltz Real Estate
9 deals$19.6M volume(917) 716-7751
BROKER

Greiner-Maltz Real Estate
BROKERAGE

Ripco
BROKERAGE

Details

SOLD
IMAGE: Stephen R. Preuss Sr., Eric Delafraz, Eitan Hakami & Kevin Louie DATE: 6/26/2025 ADDRESS: 243 Northern Boulevard MARKET: Great Neck ASSET TYPE: Office BUYER: Eyal Akler & David Abrahimi SELLER: Yoola Park BUYER'S REP: Stephen R. Preuss Sr. (@RipcoInvestmentSales), Eric Delafraz (@EDCommercialre) & Kevin Louie (@Kevin.Louie_Investment_Sales) - Ripco (@RipcoRealEstate) SELLER'S REP: Eitan Hakami - Greiner-Maltz Real Estate (@GreinerMaltz) SALE PRICE: $2,000,000 SF: 2,400 ~ PPSF: $833 &DavidAbrahimi

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24