Eyal Akler And David Abrahimi Acquire Office Property From Yoola Park For $2M In Great Neck
243 Northern Boulevard
$2,000,000
$833/SF
Building Size
2,400 SF
Asset Type
Office
Closing
Jun 25, 2025
About this deal
AI
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.
On the Map
$2,000,000
$833/SF
Office
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Great Neck Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93